Gold trading refers to the buying and selling of gold. Most gold traders transact using derivatives, and the XAU/USD CFD ranks among the most traded gold assets. Gold is a central part of the global financial system, and traders use it to hedge portfolios against inflation, recession risk, and geopolitical events. Given the volatile nature of gold, using a gold trading bot for algorithmic trading can provide gold traders with a significant edge. Read this article to learn if and how a gold trading bot can benefit you.