XAG/XPD: what to know
The XAG/XPD rate shows how much XPD you get for 1 XAG. Right now, 1 XAG buys 0.0495 XPD at the mid-market rate. In the other direction, 1 XPD is worth 20.2111 XAG.
In the short term XAG is driven mainly by industrial demand and precious-metal trends, while XPD responds to auto demand and tight supply.
“XAG” uses silver’s Latin symbol Ag (argentum). Palladium is used mainly in petrol-engine catalytic converters.
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.