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