XAG
EUR
What XAGEUR is
XAGEUR is the price of silver in euros. XAG is the code for silver and EUR is the euro. The quote tells you how many euros an ounce of silver costs.
Most silver trading is priced in US dollars as XAGUSD. XAGEUR is a cross: it shows the same metal measured in a different currency. It works the same way as XAUEUR for gold. For a wider view of metals, see Metals.
How the price is derived from XAGUSD and EURUSD
EURUSD shows how many dollars a euro buys. If you know the silver price in dollars, you divide it by EURUSD to get the price in euros:
XAGEUR ≈ XAGUSD ÷ EURUSD
A broker's XAGEUR quote may differ slightly from this calculation. Each market has its own bid and ask, and a cross can carry a wider spread than the pairs it is built from. The spread is the gap between the buy and sell price.
Ready to try it on a real or demo account?
Partner link · trading carries a high risk of loss
Silver vs euro: what moves XAGEUR
XAGEUR combines two separate moves: the silver price and the euro against the dollar.
| XAGUSD | EURUSD | Effect on XAGEUR |
|---|---|---|
| Rises | Unchanged | Rises |
| Unchanged | Rises (euro stronger) | Falls |
| Unchanged | Falls (euro weaker) | Rises |
| Rises | Rises by a similar share | Little change |
This is why silver can rise in dollars while XAGEUR stays flat or falls. Some traders watch XAGEUR when they want to see the silver move without the dollar side. Others use it alongside the gold/silver ratio. News for both the US and the euro area can move this symbol, so an economic calendar matters on both sides.
Pip value and margin
A pip is the smallest standard price step for a symbol. On XAGEUR, profit and loss are counted in euros, the quote currency. If your account is in USD or PKR, the result is converted into your account currency. This means EURUSD and your account currency rate also affect what a pip is worth to you.
Use the pip calculator to see the value of a pip for your lot size, in euros and in your account currency:
Fill in the empty fields to see the result.
Margin is the amount the broker holds to keep a position open. It depends on the lot size, the contract size, the price and your leverage. Leverage lets you open a position larger than your deposit, which also makes losses larger. Check the margin a position needs before you open it:
Fill in the empty fields to see the result.
More tools are on the Calculators page.
XAGEUR at Exness: check the specification
The facts we hold do not cover an XAGEUR specification at Exness. Before trading, open the symbol specification in the platform or check the official site. Confirm that the symbol is available on your account type, and check its contract size, digits, spread, swap, trading hours and leverage.
Account-level conditions we can confirm:
- Minimum lot in the account tables: 0.01 lot. Some instruments differ, so check the symbol itself.
- Margin call and stop out by account: Standard Cent: margin call 60%, stop out 0%; Standard: margin call 60%, stop out 0%; Pro: margin call 30%, stop out 0%; Raw Spread: margin call 30%, stop out 0%; Zero: margin call 30%, stop out 0%.
- Negative balance: balance reset to 0 after stop out.
Swap is the fee or credit for holding a position overnight. Swap-free status and its rules are explained on Swap fees. Compare account types on Account types.
Risk and the legal position in Pakistan
Leveraged CFD trading can lose money fast. Silver often moves sharply. XAGEUR adds currency risk on top of that, so a position can lose from either side. Plan position size and stop-loss levels with Risk management.
In Pakistan, per the SBP, the purchase of offshore forex/margin/CFD products by Pakistani residents violates section 4(1) of FERA 1947. Read Law and regulators before you decide anything.
Frequent questions
What does XAGEUR mean?
It is the price of silver in euros. XAG stands for silver and EUR for the euro.
How is XAGEUR calculated?
Divide XAGUSD by EURUSD. The broker's quote can differ slightly because of spreads.
Why did XAGEUR fall when silver rose in dollars?
The euro may have strengthened against the dollar by more than silver rose. That lowers the euro price of silver.
In which currency is profit on XAGEUR counted?
It is counted in euros and then converted into your account currency.
Is XAGEUR available on every Exness account?
We cannot confirm this. Check the symbol list and the specification in the platform or in your Exness personal area.
