Gold is a hard currency, and the ISO symbol for spot gold is XAU. Gold can be traded against most other currencies in the forex market as part of a currency pair.

Understanding Gold's current impact on Forex currencies: how to differentiate between the Gold Standard system and the fiat currency system. ... It’s a symbol of value, stability, ...

Like last summer, gold is moving sideways as it works off its overbought condition following strong spring gains. Click to ...

1. Long of the EUR/USD currency pair.Unfortunately, it fell by 0.24% over the week. 2. Short of the USD/JPY currency pair.Unfortunately, it rose by 1.00% over the week. 3. Long of Gold following a ...

The value of gold in forex reserves has jumped 53 per cent to ₹6.65 lakh crore as of March-end from ₹4.35 lakh crore logged in the same period last year.

The share of gold held by India's central bank in its foreign exchange reserves has doubled in the last four years as on March-end, a report by the Reserve Bank of India showed on Monday.

Share of gold in India's forex reserves has doubled in four years, says RBI report As of end-March, the RBI held 879.59 metric tonnes of gold, compared to 854.73 metric tonnes at the end of September ...