Au
GoldXAU
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Category Commodities
About Gold (XAU)
Gold is a physical store of value used for millennia as money, jewelry and a hedge against inflation and currency debasement. It tends to trade independently of equities and is closely watched during periods of macro uncertainty.
Nika offers gold spot and perpetual contracts with up to 25× leverage, settled in USDC from your existing balance.
Gold — FAQ
What is Gold (XAU)?
Gold is a precious metal traded globally as a store of value and a hedge against inflation, currency weakness and macro uncertainty.
Why do traders watch Gold?
Gold often moves inversely to real interest rates and the US dollar, making it a key barometer for macro risk sentiment.
Can I trade Gold on Nika?
Yes. Nika offers gold spot and perpetual contracts with up to 25× leverage, settled in USDC from your existing balance.
What does 24-hour change mean for Gold?
It shows how much the gold price has moved over the last 24 hours, expressed as a percentage.