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Forex Terms
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X XA
XAG XAU

XAG

A currency symbol under the ISO 4217 standard denoting one troy ounce of silver.

It is precious metal with the highest electrical conduction properties of any metal. It is used mainly in jewelry, photography, and for scientific and industrial purposes. It has been used as the basis for currencies in the past. Silver is traded as a commodity on various security exchanges. Like many precious metals, silver is volatile but generally maintains relatively high prices.
See also: XAU

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