---
title: "XAU/USD - Meaning & GFN's Figure - Get Funded Now"
description: "The symbol for spot gold priced in US dollars - XAU is the code for one troy ounce. It is the most traded metal instrument and one of the most volatile…"
url: "https://getfundednow.com/glossary/xauusd"
language: "en"
last_modified: "2026-09-22"
publisher: "Get Funded Now (getfundednow.com)"
translations:
  es: "https://getfundednow.com/es/glossary/xauusd"
  pt-BR: "https://getfundednow.com/pt-br/glossary/xauusd"
  fr: "https://getfundednow.com/fr/glossary/xauusd"
  it: "https://getfundednow.com/it/glossary/xauusd"
  de: "https://getfundednow.com/de/glossary/xauusd"
disclosure: "All trading at Get Funded Now is simulated. 'Funded' means a simulated or virtual account; GFN is not a broker and does not hold client funds."
---

Instruments and markets

# XAU/USD

The symbol for spot gold priced in US dollars - XAU is the code for one troy ounce. It is the most traded metal instrument and one of the most volatile instruments on a retail platform.

Also called: Gold · Spot gold

GFN’s figure

Metals including gold may be traded on GFN accounts where available. Leverage varies by instrument, and the same daily loss limit applies - $5,000 on a $100,000 1 Step account, which gold can cover in a single fast move at the wrong size.

In detail

## XAU/USD, explained

Gold's daily range in dollar terms dwarfs a major currency pair's, so position sizing carried over from forex is the most common way traders breach a limit on it.

It responds to real interest rates and to risk sentiment rather than to one country's data, which is why it can move sharply on news that has nothing to do with gold.

[The rule in full →](https://getfundednow.com/rules/instruments) · [Rules handbook](https://getfundednow.com/rules) · [Gold and metals at GFN](https://getfundednow.com/instruments/gold) · [Commodities and oil at GFN](https://getfundednow.com/instruments/commodities) · [More instruments and markets](https://getfundednow.com/glossary/category/instruments)

Related

## Terms that come with it

Most rules only make sense next to the ones they interact with. These are the entries this one depends on.

- [Silver](https://getfundednow.com/glossary/silver) - Spot silver, quoted as XAG/USD in US dollars per troy ounce. It tends to move with gold but with a larger percentage range and materially thinner liquidity, which makes position sizing carried over from gold too large.
- [Commodities](https://getfundednow.com/glossary/commodities) - Raw materials traded as instruments - energy, metals and agricultural products. Prices are driven by physical supply and demand rather than by interest rates, which makes them move on a different calendar from financial instruments.
- [Tick value](https://getfundednow.com/glossary/tick-value) - What one minimum price increment is worth per contract. It is the futures and index equivalent of pip value, and it converts a stop distance directly into a dollar figure.
- [Position size](https://getfundednow.com/glossary/position-size) - How many lots a trade is placed in. It is calculated from the dollar amount being risked and the stop distance, not chosen first - which is the reverse of how most traders approach it.
- [Leverage](https://getfundednow.com/glossary/leverage) - The ratio between the notional size of a position and the margin required to hold it. At 1:50, $2,000 of margin supports a $100,000 position - it changes what you can open, not what you may lose.

Also governed by [/rules/instruments](https://getfundednow.com/rules/instruments)

[Forex](https://getfundednow.com/glossary/forex) · [Indices](https://getfundednow.com/glossary/indices) · [Crude oil](https://getfundednow.com/glossary/crude-oil) · [Cryptocurrency](https://getfundednow.com/glossary/cryptocurrency)

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Source: https://getfundednow.com/glossary/xauusd
Facts about Get Funded Now in one file: https://getfundednow.com/llms.txt