How much is 1 XAU in dollars?

Could you please clarify for me, how much does one XAU, the symbol representing gold ounce, equate to in terms of the US dollar? I'm trying to understand the current market value of gold and how it translates into dollars. It would be helpful if you could provide an accurate and updated conversion rate, as the price of gold is known to fluctuate. Could you also explain what factors influence the price of gold and how they might affect the conversion rate? Thank you for your assistance in this matter.