What is Gold (XAUUSD)?
Gold (XAUUSD) is a CFD (contract for difference) traded via OANDA, tracking the spot price of gold against the US dollar. As a precious metal, gold is one of the world's oldest stores of value and a widely held safe-haven asset, often used by traders to hedge against inflation and market uncertainty. Because it's a CFD, you speculate on Gold's price movements without owning the underlying metal. TradeSearcher has run over 2,000 backtests on XAUUSD, drawing on historical price data going all the way back to 1833.