1h | 24h | 7d | 14d | 30d | 1y |
---|---|---|---|---|---|
Market Cap | USD |
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24h Vol (Global) | USD |
Circulating Supply | XAG |
Current date |
Explore the Silver USD/Australian Dollar live chart. With this interactive tool, you can review the price of XAG/AUD, analyze rate trends in real time, track the XAG/AUD pair exchange rate in historic terms, and build your trading strategy to trade XAG/AUD with leverage on PrimeXBT.
The personal composite instrument XAG/AUD tracks the price of silver in relation to the Australian dollar. This instrument's base portfolio is 1 ounce of silver, and the quoted portfolio is 1 Australian dollar. The asset percentage content of the instrument is calculated using asset prices at the time the PCI was created. The trading instrument XAG/AUD is used to analyze and trade silver against the Australian dollar, one of the world's most important commodity currencies. The mining and export of precious metals, particularly silver, is critical to Australia's economy. Australia's silver ore deposits and mined silver output place it among the world's top five countries for silver mineral deposits and production.
Because this valuable metal is widely used in production, its price is subject to worldwide demand, making it a volatile commodity to trade.
The AUD, or Australian Dollar, is Australia's official currency, as well as the currency of numerous Pacific island states. The Australian Dollar (AUD) was first adopted in 1966 to replace the Australian Pound, which was initially tied to the US dollar. It became a free float in 1983 and has remained thus ever then.
Risk Warning: Trading in leveraged products carries a high level of risk and may not be suitable for all investors.