Xauusd means gold dollar in foreign exchange.
International GOLD (gold code is generally XAUUSD, or gold, also known as international spot gold a
Xauusd means gold dollar in foreign exchange.
International GOLD (gold code is generally XAUUSD, or gold, also known as international spot gold and London gold in Chinese) is a current transaction, which means delivery within a few days after the transaction is completed. It is often called spot gold and is the largest stock in the world.
Because the daily trading volume of spot gold is huge, the daily trading volume is about 20 trillion US dollars. Therefore, no consortium or institution can manipulate such a huge market artificially, relying entirely on the spontaneous adjustment of the market. There is no banker in the spot gold market, and the market is standardized, self-disciplined and sound.