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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 is listed as a Hyperliquid HIP-3 perpetual market. Prices track traditional-asset exposure synthetically 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
- What is GOLD on Hyperliquid?
- GOLD on Hyperliquid is a HIP-3 synthetic perpetual contract that 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. It trades 24/7 on the xyz decentralized exchange within the Hyperliquid ecosystem, so you can gain long or short exposure without holding the physical metal.
- 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 through Hyperliquid. It gives price exposure only.
- How is GOLD different from other names on Hyperliquid, 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.
- In what unit and currency is GOLD's HIP-3 price quoted?
- Gold is conventionally priced in U.S. dollars per troy ounce in global markets, and GOLD's HIP-3 price follows that same USD-per-troy-ounce convention.
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