XAU/CHF: what to know
The XAU/CHF rate shows how much CHF you get for 1 XAU. Right now, 1 XAU buys 3,606.62 CHF at the mid-market rate. In the other direction, 1 CHF is worth 0.000277 XAU.
In the short term XAU is driven mainly by real interest rates, the dollar and safe-haven demand, while CHF responds to safe-haven demand and SNB policy.
The code “XAU” combines “X” (supranational) with gold’s chemical symbol Au. The Swiss Franc (CHF) is issued by Swiss National Bank (SNB). In uncertain times investors park money in the franc to preserve value.
Over the past 12 months the XAU/CHF rate has ranged between 2,876.92 and 4,126.24 — a change of +24.72% 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.