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Glossary · X

What is XAUUSD?

The symbol for spot gold priced in US dollars, used by most CFD and forex brokers. Its price usually sits below the active GC futures price by the basis (roughly $27–30 in October 2026).

In context

  1. CFDs (for example, the symbol XAUUSD). A contract for difference is a private agreement with your broker to settle the difference in price between when you open and when you close. You own nothing except that agreement. XAUUSD is the standard symbol for "gold (XAU) priced in US dollars (USD)", and it is the symbol most retail traders on platforms such as MetaTrader or TradingView know.

From Chapter 0: Trading from Zero: Markets, Gold, CFDs and Futures

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Related terms

Basis (GC–XAUUSD gap)CFD (Contract for Difference)

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Education only. Not financial advice. Trading involves substantial risk of loss.