BCH/XAU: what to know
The BCH/XAU rate shows how much XAU you get for 1 BCH. Right now, 1 BCH buys 0.0516 XAU at the mid-market rate. In the other direction, 1 XAU is worth 19.3891 BCH.
In the short term BCH is driven mainly by crypto-market sentiment, while XAU responds to real interest rates, the dollar and safe-haven demand.
Bitcoin Cash split from Bitcoin in 2017 to enable cheaper, faster transactions. The code “XAU” combines “X” (supranational) with gold’s chemical symbol Au.
Because this pair involves a cryptocurrency, expect much higher volatility than typical fiat pairs. Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.