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Gold Trading Prices

Gold is a currency

In the Forex market, gold is a form of currency. They can be traded in the same way as other currencies. However there is a difference: gold can only be traded against United States dollars (USD).

The internationally accepted code for gold is XAU. The code is built from X in Forex and the chemical sign for gold (AU).

Gold trading price

The price of gold is measured by its weight. The price shows how much it costs for one ounce of gold in US dollars. There are several methods of weight measurement in the special metals and stones markets. The most common is troy - a troy ounce equals about 31.10 grams; an avoirdupois ounce equals about 28.35 grams.

For example, if the gold price is 612.97, it means that an ounce of gold is traded for 612.97USD.

الابراج اليومية و حظك اليوم الاحد بتاريخ 1 نوفمبر 2015 مع ماغي فرح , الابراج 1/ 11 / 2015
الابراج و حظك اليوم بتاريخ اليوم الاحد 1 / 11 / 2015
الابراج اليوم الاحد 1/ 11 / 2015
حظك اليوم 1 / 11 / 2015

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