In the Forex market, gold is a form of currency. The particularity of gold is that it can only be traded against United States dollars (USD). The internationally accepted code for gold is XAU.

Gold hits record $2,947 as traders eye Fed minutes for rate clues. Will XAU/USD rally further or face a pullback? Read the ...

Gold prices are rallying sharply, nearing a three-month high, as traders assess a combination of a weaker dollar ... in chart patterns and price movement. He is the author of two books on ...