Financial Asset
Gold (XAU) Gold
Gold is a precious metal that has been used as a store of value for thousands of years, widely considered a safe-haven asset during market turmoil.
Key Facts
- • Traded globally 24 hours a day in over-the-counter and exchange markets
- • Often has an inverse correlation with the US dollar and real interest rates
- • Central banks around the world hold gold as part of their foreign exchange reserves
- • Commonly traded through ETFs like GLD, futures contracts, and physical bullion