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Gold vs Australian Dollar - XAU AUD Trading
Gold vs Australian Dollar Investing
Type:
PCIInstrument : &XAUAUD
Gold vs AUD Description
Personal composite instrument called «&XAUAUD» reflects the price dynamics of gold against the Australian dollar. The base part of this instrument is composed of 1 ounce of Gold, and the quoted part – 1 Australian dollar. The asset percentage of the instrument is estimated based on the asset prices on the PCI creation day.
The trading instrument &XAUAUD is used for the analysis and trade of Gold quoted against one of the major commodity currencies – the Australian dollar. The Australian economy depends heavily on mining and export of precious metals, particularly gold.
Structure
Parameters
Trading hours
Structure
| &XAUAUD | № | Asset | Volume / 1 PCI | Percentage | Volume (USD) / 1 PCI | Unit of measurеment | 
|---|---|---|---|---|---|---|
| Base part | 1 | XAU | 1.0000 | 1.240 | 1236.0200 | oz | 
| Quoted part | 1 | AUD | 1.000 | 0.9100 | 0.9100 | AUD | 
Parameters
| Standard | Beginner | Demo | |
|---|---|---|---|
| Fixed spread, pip | |||
| Floating Spread, pip | |||
| Order distance, pip | |||
| Swap (long/short) in pips on Vol | |||
| 
                            Available  volumes  | |||
| The value of 1 pip in USD for the Vol | 
Trading hours
| Week day | Server time (CET) | Local hours | 
| Monday | 00:00 — 22:15 | 00:00 — 22:15 | 
| Tuesday | 00:00 — 22:15 | 00:00 — 22:15 | 
| Wednesday | 00:00 — 22:15 | 00:00 — 22:15 | 
| Thursday | 00:00 — 22:15 | 00:00 — 22:15 | 
| Friday | 00:00 — 22:00 | 00:00 — 22:00 | 
| Saturday | — | — | 
| Sunday | — | — | 
To trade PCI instruments offered exclusively by IFC Markets, you need to open a free account and download the NetTradeX platform.

