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XAU

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AcronymDefinition
XAUGold Exchange Rate (ISO)


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Kinross Gold Corporation and IAMGOLD Corporation (2) The XAU is the PHLX (Philadelphia Stock Exchange) Gold/Silver Sector Index, a capitalization-weighted index composed of 16 companies involved in the gold and silver mining industry.
XAU is the symbol of the Philadelphia Gold and Silver Sector Index and is a market capitalization index of 16 companies in the gold, silver and copper mining industry.
Buy a call on the best performer in the gold sector and sell a call on a gold index (here there will be differences of opinion over which index to choose, but I would hazard that XAU is the least volatile of the generally recognized gold indexes), or
 
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