Today's gold price per 1 ounce
Currently, the price of 1 ounce of gold is $2,756.26, with a weekly change of $60.99 (2.21%).
Currently, the price of 1 ounce of gold is $2,756.26, with a weekly change of $60.99 (2.21%).
XAU is the symbol for gold on financial markets. It represents the spot or cash price of one troy ounce of gold.
It is typically quoted in US dollars per troy ounce (1 troy ounce is equal to 31.1034768 grams).
The price of XAU is determined by supply and demand factors in the global market for gold. Economic and political events, currency fluctuations, and investment demand can all affect the price of gold.
There are several ways to invest in XAU, including buying physical gold, buying gold ETFs or mutual funds, or investing in gold mining companies.
Gold can be a good investment during times of economic uncertainty or inflation, as it is seen as a safe-haven asset. However, like any investment, the value of XAU can also decrease, so it is important to do your own research and consult with a financial advisor before making any investment decisions.