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XAUUSD · 1 pip = $0.10 · 1 lot = 100 oz

Gold lot size & pip value calculator

Type your balance, risk and stop. Get the exact lot size for gold, and what every pip is worth, before you touch the order ticket.

%
Stop loss
pips
Broker settings

Position size

0.20lots

Risk
$100.00
Stop
50 pips · $5.00
Pip value
$2.00
$1 move
$20.00
Gold held
20 oz
Exact size
0.2

$100.00 ÷ (50 pips × $10 per pip per lot) = 0.2 → 0.20 lots


The maths behind it

Gold is priced in US dollars per troy ounce, and one standard lot is 100 ounces. So every $1 the price moves changes a 1-lot position by $100. Most brokers and signal channels quote gold to two decimals and call a $0.10 move one pip, which makes a pip worth $10 on one lot.

Position sizelots = risk amount ÷ (stop in pips × $10)
Pip valuepip value = lots × 100 oz × $0.10

The calculator rounds down to 0.01 lots. Rounding up would quietly risk more than you chose. If even the minimum 0.01 lot is too big for the stop, it tells you rather than pretending.

Two worked examples

AccountRiskStopRisk per lotLot size
$1,0001% = $10.0040 pips ($4)$4000.02
$25,0000.5% = $125.00$12 move (120 pips)$1,2000.10

The first one is the case that catches small accounts out: $10 of risk on a 40-pip stop only allows 0.02 lots (risking $8). Plenty of traders open 0.10 here without thinking, which is 4% of the account on one idea.

Pip value at a glance

LotsOunces1 pip10 pips$1 move
0.011$0.10$1.00$1.00
0.1010$1.00$10.00$10.00
0.5050$5.00$50.00$50.00
1.00100$10.00$100.00$100.00

Every lot size from 0.01 to 10, plus the $0.01 and $1 pip conventions, is in the gold pip value table.

Learn the numbers

Questions

How much is 1 pip on gold?

On the usual convention (1 pip = a $0.10 move, 1 lot = 100 oz), one pip is worth $10 per standard lot, $1 per 0.10 lot and $0.10 per 0.01 lot. A move from 4180.00 to 4181.00 is 10 pips.

How do I calculate lot size for XAUUSD?

Lot size = money at risk ÷ (stop in pips × $10). Risking $100 with a 50-pip stop: 100 ÷ (50 × 10) = 0.20 lots. Round down to your broker's 0.01 step so you never risk more than planned.

What if my stop is a price, not pips?

Switch the stop to $ move and type the distance in dollars (a $5.00 stop is 50 pips), or choose Prices and enter your entry and stop. The calculator works out the distance and whether it's a buy or a sell.

My broker shows different numbers. Why?

Brokers differ on two things: contract size (100 oz is standard; some use 10 oz or 1 oz) and what they call a pip (some count $0.01 as a point and 10 points as a pip). Open Broker settings in the calculator and match them to your broker's contract specification.

Does it work for GBP or EUR accounts?

Yes. Pick GBP or EUR and enter today's USD rate (how many pounds or euros one dollar buys). Gold is priced in dollars, so the calculator converts the risk per lot into your account currency before sizing.

Is this financial advice?

No. pips.gold does arithmetic and explains how it works. Whether to take a trade, and how much to risk, is your call.

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