XAU refers to the ISO 4217 standard code for one troy ounce of gold, which is considered a currency.
One XAU is the equivalent of one Troy ounce of gold. With CORO, you can exchange US dollars for Troy ounces of gold or any fraction as low as .001 of a Troy ounce. Your gold balance will be shown in your XAU wallet with each XAU (and/or fractions thereof) corresponding to Troy ounces of physical gold.
There is arguably no more valuable metal in human history than gold. From the ancient Egyptians to today, gold has maintained its place of value in society, contributing to trade and economic development across the ages. Despite modern economies leaving the gold standard behind in the aftermath of WWII, it remains one of the most sought after commodities in the world.
Gold can’t be tampered with like regular paper money. That’s why we continue to turn to it when we seek financial security. Gold is the metal that humanity falls back on when other forms of money don’t work.