Philadelphia Gold and Silver(XAU) Index is an index made of 16 precious metal mining company stocks. Philadelphia Gold and Silver Index started in December 1983 and is traded on Philadelphia Stock Exchange. ^XAU and $XAU are some of the symbols use on different data providers. Philadelphia Gold and Silver Index is one of the most watched gold index on the market. Index values are useful for investors to track changes in market values over long periods of time. Technical analysis uses index charts to identify changes in trends whether short-term, mid-term or long-term time frames. Philadelphia Gold and Silver index components:
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