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Currency of the United States
The United States dollar is the official currency of the United States (U.S.) and several other countries. The U.S. Coinage Act of 1792 established the dollar as the base unit, with each dollar divided into 100 cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color.
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Gold (XAU/USD) trades on the front foot on Friday but struggles to extend its advance as the US Dollar (USD) and US Treasury yields show signs of stabilisation following Thursday’s sharp pullback.
Gold rebounds above US$4,200 as the US dollar and Treasury yields ease. Explore the 9 October 2026 gold price forecast, key XAU/USD levels and risks for Australian CFD traders.
Gold rebounds from a two-month low as the dollar eases, with prices up and markets pricing a December Fed rate increase.