Gold as an investment
| ISO 4217 | |
|---|---|
| Code | XAU (numeric: 959) |
| Unit | |
| Symbol | XAU |
| Demographics | |
| User(s) | Investors |
Gold, alongside platinum and silver, is highly popular among precious metals as an investment. Investors generally buy gold as a way of diversifying risk, especially through the use of futures contracts and derivatives. The gold market is subject to speculation and volatility as are other markets.