XAU/GBP: what to know
The XAU/GBP rate shows how much GBP you get for 1 XAU. Right now, 1 XAU buys 3,128.54 GBP at the mid-market rate. In the other direction, 1 GBP is worth 0.000319637 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.
The code “XAU” combines “X” (supranational) with gold’s chemical symbol Au. The British Pound (GBP) is issued by Bank of England. The pound sterling has been in use for over 1,200 years.
Available archived XAU/GBP observations within the last 365 days range from 3,107.92 to 3,270.58, with a -3.89% change from the first to the last available sample. This is not necessarily a full year of observations or an intraday range.
Because this pair involves a precious metal, the rate reflects global bullion prices per troy ounce. Your bank, card issuer or exchange office may use a different rate and charge fees. Compare the final amount after the charges disclosed for your offer.