About this pair
XAU/XAG: what to know
The XAU/XAG rate shows how much XAG you get for 1 XAU. Right now, 1 XAU buys 67.4649 XAG at the mid-market rate. In the other direction, 1 XAG is worth 0.0148 XAU.
In the short term XAU is driven mainly by real interest rates, the dollar and safe-haven demand, while XAG responds to industrial demand and precious-metal trends.
The code “XAU” combines “X” (supranational) with gold’s chemical symbol Au. “XAG” uses silver’s Latin symbol Ag (argentum).
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.