Investor Glossary-xau indexInvestor Glossary-xau indexInvestor Glossary-xau indexInvestor Glossary-xau indexInsightful stock market charts - Click here
investor
Categories    # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

XAU Index

The HTML to link to this page
 

The XAU Index represents the symbol of the Philadelphia Gold and Silver Sector Index. The XAU Index is a market capitalization index. The XAU Index tracks a group of companies involved in the mining of precious metals (i.e. the index was comprised of 16 companies in 2008). The XAU Index is arguably the most popular gold stock index. Another popular gold index is the HUI Index. Other gold indices include the SP TSX Gold Index and the CBOE Gold Index. At its inception in January 1979, the XAU Index was set at a value of 100. The XAU Index is reviewed quarterly when the Philadelphia Stock Exchange (PHLX) conducts its quarterly share update. In accordance with the rules of the PHLX, the XAU Index quarterly update is done when XAU Index options expire in March, June, September and December. PHLX can also, at its discretion, decide to add or remove companies from the XAU Index to respond to changes in the the gold and silver industries and to ensure that the companies included in the XAU Index are still a fair representation of the gold and silver mining sector.



Rate this XAU Index definition...

Learn about investing with the Investor Glossary Term of the Day


Click here for insightful stock market charts. Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day.


Popular Terms: FICO score, dividends payable, VIX, average price per share, deferred tax, inflation, liquidity ratio, 144a, in escrow, per diem, command economy, annual return, open position, quality assurance, labor relations, stock market close, retained earnings, FTSE, Zero Cost Collar, diluted share, deferred revenue, debt service coverage, irrevocable trust, LIBOR, implied volatility, 401a, risk management, current ratio, 1035 exchange, option premium, EBITDA, Key Rate Duration, minority interest, wholly-owned subsidiary, required rate of return, cancelled check, real GDP, reverse mortgage, ex-dividend date, margin rate, APR, covered put, stock split, ex-dividend, class C shares, limit order, 1031 exchange, phantom income, balance sheet


Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
Investor Glossary | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
©2004-2016 Investor Glossary - All rights reserved - Terms of Use