XAU/CAD: what to know
The XAU/CAD rate shows how much CAD you get for 1 XAU. Right now, 1 XAU buys 5,630.54 CAD at the mid-market rate. In the other direction, 1 CAD is worth 0.000177603 XAU.
In the short term XAU is driven mainly by real interest rates, the dollar and safe-haven demand, while CAD responds to oil prices and the US economy.
The code “XAU” combines “X” (supranational) with gold’s chemical symbol Au. The Canadian Dollar (CAD) is issued by Bank of Canada. The C$1 coin is the “loonie” (after the loon bird) and the C$2 is the “toonie”.
Available archived XAU/CAD observations within the last 365 days range from 5,601.47 to 6,138.54, with a -8.26% change from the first to the last available sample. This is not necessarily a full year of observations or an intraday range.
Because this pair involves a precious metal, the rate reflects global bullion prices per troy ounce. Your bank, card issuer or exchange office may use a different rate and charge fees. Compare the final amount after the charges disclosed for your offer.