About this pair
XAU/XPT: what to know
The XAU/XPT rate shows how much XPT you get for 1 XAU. Right now, 1 XAU buys 2.4205 XPT at the mid-market rate. In the other direction, 1 XPT is worth 0.4131 XAU.
In the short term XAU is driven mainly by real interest rates, the dollar and safe-haven demand, while XPT responds to industrial (auto) demand and supply.
The code “XAU” combines “X” (supranational) with gold’s chemical symbol Au. Platinum is rarer than gold and vital for catalytic converters.
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.