Oro (XAU)

🏢 About Oro (XAU)

Gold (XAU) is the world's most important precious metal and a traditional store of value and safe-haven asset. Its price is quoted in US dollars per troy ounce. Central banks hold gold as a reserve asset; investors hold it as a hedge against inflation, currency debasement and geopolitical uncertainty. Major producers include China, Australia, Russia and the United States.