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Silver AUD
| 1h | 24h | 7d | 14d | 30d | 1y |
|---|---|---|---|---|---|
| Market Cap | USD |
|---|---|
| 24h Vol (Global) | USD |
| Circulating Supply | XAG |
| Current date |
Silver USD Price Chart
Discover more assets
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 Mine Steady Trading.
Trading conditions
| Commission | 0.0001% |
| Min. order size | 1 troy.oz |
| Min. order size change | 1 troy.oz |
| Max. single trade size | 500000 troy.oz |
| Max. exposure | 15000000 USD |
| Max leverage | 0.2% (1:500) |
| Financing day / Long | 0.0003% Daily Funding Rate |
| Financing day / Short | 0.0003% Daily Funding Rate |
| Trading hours | 22:00 prev. day - 21:00, (Monday - Friday) |
Margin requirements
Mine Steady Trading allows to trade on margin. This means that you are able to leverage your investment by opening positions of larger size than the funds you have to deposit. Margin requirements vary from instrument to instrument and can be changed at any time to reflect market conditions.
| From | To | Margin requirements | Leverage |
|---|---|---|---|
| - | 15000 | 0.2% | 1:500 |
| 15000 | 50000 | 1% | 1:100 |
| 50000 | 100000 | 2% | 1:50 |
| 100000 | > | 5% | 1:20 |
| Commission | 0.0001% |
| Min. order size | 1 troy.oz |
| Min. order size change | 1 troy.oz |
| Max. single trade size | 500000 troy.oz |
| Max. exposure | 15000000 USD |
| Max leverage | 1% (1:100) |
| Financing day / Long | 0.0003% Daily Funding Rate |
| Financing day / Short | 0.0003% Daily Funding Rate |
| Trading hours | 22:00 prev. day - 21:00, (Monday - Friday) |
Margin requirements
Mine Steady Trading allows to trade on margin. This means that you are able to leverage your investment by opening positions of larger size than the funds you have to deposit. Margin requirements vary from instrument to instrument and can be changed at any time to reflect market conditions.
| From | To | Margin requirements | Leverage |
|---|---|---|---|
| 0 | 10000 | 1% | 1:100 |
| 10000 | 20000 | 2% | 1:50 |
| 20000 | 40000 | 5% | 1:20 |
| 40000 | > | 10% | 1:10 |
Profile
Silver USD-Australian Dollar (XAG/AUD)
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.
Currency Information
Silver USD
Because this valuable metal is widely used in production, its price is subject to worldwide demand, making it a volatile commodity to trade.
Australian Dollar
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.
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