USD/XAU: what to know
The USD/XAU rate shows how much XAU you get for 1 USD. Right now, 1 USD buys 0.000224 XAU at the mid-market rate. In the other direction, 1 XAU is worth 4,463.31 USD.
In the short term USD is driven mainly by Fed policy, US growth and global risk appetite, while XAU responds to real interest rates, the dollar and safe-haven demand.
The US Dollar (USD) is issued by Federal Reserve (Fed). Most of the world’s central-bank reserves are held in US dollars. The code “XAU” combines “X” (supranational) with gold’s chemical symbol Au.
Over the past 12 months the USD/XAU rate has ranged between 0.000188 and 0.000277 — a change of -19.35% versus a year ago.
Because this pair involves a precious metal, the rate reflects global bullion prices per troy ounce. 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.