 | This article may rely excessively on sources too closely associated with the subject , potentially preventing the article from being verifiable and neutral.(June 2018) |
The Philadelphia Gold and Silver Index is an index of thirty [1] precious metal mining companies that is traded on the Philadelphia Stock Exchange. The index is represented by the symbol "XAU", which may be a source of some confusion as this symbol is also used under the ISO 4217 currency standard to denote one troy ounce of gold. [2] The Philadelphia Gold and Silver Index and the NYSE Arca Gold BUGS Index are the two most watched gold indices on the market.
