About this pair
GBP/XAU: what to know
The GBP/XAU rate shows how much XAU you get for 1 GBP. In the short term GBP is driven mainly by Bank of England policy and the UK economy, while XAU responds to real interest rates, the dollar and safe-haven demand. Because this pair involves a precious metal, the rate reflects global bullion prices per troy ounce.