Binary options on Gold
XAU/USD is gold against the dollar. It moves less than bitcoin, and the payout goes up to 85%. Day metal follows a session: when the exchange sleeps, the overnight trade is XAU/USD OTC, not this ticker.
This ticker prices gold in US dollars per troy ounce. Gold is a metal, not the currency of one country. The price is tied to the dollar, to interest rates and to demand from banks and funds. The metal has been mined for centuries.