About this pair
XAU/THB: what to know
The XAU/THB rate shows how much THB you get for 1 XAU. Right now, 1 XAU buys 143,760.17 THB at the mid-market rate. In the other direction, 1 THB is worth 0.00000695603 XAU.
In the short term XAU is driven mainly by real interest rates, the dollar and safe-haven demand, while THB responds to tourism and trade flows.
The code “XAU” combines “X” (supranational) with gold’s chemical symbol Au. The Thai Baht (THB) is issued by Bank of Thailand. “Baht” was historically a unit of weight for silver.
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.