Gold has been traded since the early ages, dating back to before 500 BC. It wasn’t until modern society when it became more than a precious metal used for jewellery or currency and became a vehicle for investment. In the 1980s, the electronic trading revolution turned gold into a trader’s asset, and the price of gold has since grown from roughly $36 in 1970 to as much as $1750 at today’s market prices listed under the gold trading symbol XAU.