Averaged across leading FX data sources.
Indicative reference rates for guidance, quoted in units of the local currency per US dollar.
Gold's favourite emerging-market proxy.
The rand is a deep, liquid emerging-market currency closely tied to gold and global risk appetite. Deep liquidity and a tight link to gold and global risk sentiment make the rand a go-to for EM carry and hedging.
Gold-price correlation and global risk sentiment drive fast, tradeable moves.
Start trading USZAR/USDTCentral-bank interest-rate decisions
Inflation prints and real-yield spreads
Capital flows and carry-trade positioning
Political risk and elections
| Contract type | Perpetual |
| Settlement | USDT |
| Leverage | Up to 100x |
| Funding | Interest-rate differential |
| Tick size | 0.01 |
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