XPT/XAU: what to know
The XPT/XAU rate shows how much XAU you get for 1 XPT. Right now, 1 XPT buys 0.4132 XAU at the mid-market rate. In the other direction, 1 XAU is worth 2.4199 XPT.
In the short term XPT is driven mainly by industrial (auto) demand and supply, while XAU responds to real interest rates, the dollar and safe-haven demand.
Platinum is rarer than gold and vital for catalytic converters. The code “XAU” combines “X” (supranational) with gold’s chemical symbol Au.
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.