Trading with XAUUSDc?

 
Hello. Can anyone please tell me if XAUUSDc is used for gold trading? If yes, and I use XAUUSDc to buy gold, will I own that particular amount of gold that I use USD to buy during the trade? Your input is appreciated. Thank you.
 
NicBuc: Can anyone please tell me if XAUUSDc is used for gold trading? If yes, and I use XAUUSDc to buy gold, will I own that particular amount of gold that I use USD to buy during the trade? Your input is appreciated.
No! XAUUSD is similar to Forex Curruncy Pairs or CFDs. You don't own anything.