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What is the currency code for gold ounces?

Our currency rankings show that the most popular Gold Ounce exchange rate is the XAU to USD rate. The currency code for Gold Ounces is XAU. Our currency rankings show that the most popular US Dollar exchange rate is the USD to USD rate. The currency code for US Dollars is USD. The currency symbol is $. Send money online fast, secure and easy.

How much is an ounce of gold worth?

Assuming investment grade gold of .999 purity, an ounce of gold is worth the spot price, plus or minus any premiums, based on market conditions. For example, if a person has a rare, sought after one ounce gold coin produced by a sovereign mint, that coin is generally worth more than a generic one ounce gold round produced by a private mint.

What currency is gold quoted in?

Gold is usually quoted by the ounce in U.S. Dollars. The gold price can, however, be quoted in any currency by the ounce, gram or kilo. The price of gold is constantly on the move and can be affected by many different factors. Is the Gold Price the Same as the Spot Price?

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