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About Gold
GOLD tracks the value of 1 troy ounce of gold. Gold is a globally traded precious metal widely used as a store of value, an inflation hedge, and a central bank reserve asset.
GOLD aggregates listings across every venue CoinBeaver tracks. Prices blend synthetic perpetual markets and do not represent ownership of the underlying shares, ETFs, commodities, or cash instruments. Educational market data only — not investment advice.
Sector tags: Commodities.
Frequently Asked Questions
- Does trading GOLD give me a claim on any physical gold?
- No. GOLD is a synthetic perpetual with no delivery mechanism — there is no physical gold backing the contract and no way to take delivery of it. It gives price exposure only.
- In what unit and currency is GOLD's price quoted?
- Gold is conventionally priced in U.S. dollars per troy ounce in global markets, and GOLD's price follows that same USD-per-troy-ounce convention.
- How is GOLD different from other names, like COPPER?
- GOLD is held mainly as a store of value and reserve asset, with comparatively little industrial use. COPPER, by contrast, is primarily an industrial metal, tracked as a barometer of global manufacturing and infrastructure demand.
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