Gold (XAU/USD) Pip Calculator
Pre-set for Gold (XAU/USD): 100 oz per lot, 1 pip = 0.1. Works in 23 account currencies, with the math shown.
Contract specs: 1 lot = 100 oz, 1 pip = 0.1
Gold: most brokers use 100 oz per lot. Many traders count a pip as $0.10 ($10 per lot); others count $0.01 ($1 per lot) — set the pip size to match how you measure your stop. Check the contract specification in your broker's platform (MT4/MT5: right-click the symbol → Specification).
Value per pip
$10.00
for 1.00 lots
Per 1 lot
$10.00
100 oz
Per 0.1 lot
$1.00
10 oz
Per 0.01 lot
$0.10
1 oz
Show the math
- Pip value in USD (quote currency)
0.1 × 100 × 1.00 lots = 10 USD
Rates from ECB, gold-api.com, CoinGecko, FX reference 2026-10-14, checked 19:40 UTC. Use your broker's live quote to trade.
Quick answer
One pip on Gold (XAU/USD) is 0.1 × 100 oz = $10.00 per standard lot for a USD account, $1.00 per 0.10 lot and $0.10 per 0.01 lot. For a EUR account it is €8.93 per lot.
XAUUSD pip value table
| Lots | USD | EUR | GBP | AUD |
|---|---|---|---|---|
| 0.01 | $0.10 | €0.0893 | £0.0754 | $0.1427 |
| 0.10 | $1.00 | €0.8933 | £0.7538 | $1.43 |
| 1.00 | $10.00 | €8.93 | £7.54 | $14.27 |
| 5.00 | $50.00 | €44.66 | £37.69 | $71.33 |
Gold (XAU/USD) contract specification
| Specification | Value |
|---|---|
| Contract size | 100 oz per lot |
| Pip size | 0.1 |
| Value per pip, 1 lot (USD) | $10.00 |
| Value per pip, 1 lot (EUR) | €8.93 |
| Value per pip, 1 lot (GBP) | £7.54 |
| Reference price | 4,104.60 |
| Exposure of 1 lot (USD) | $410,460 |
| Margin for 1 lot at 20:1 (EU/UK retail max) | $20,523.00 |
| Margin for 1 lot at 100:1 | $4,104.60 |
What to know about Gold (XAU/USD)
Gold is quoted in US dollars per troy ounce and one standard lot is 100 ounces at most brokers, so every $1.00 move in the price is worth $100 per lot. Brokers and traders disagree on what a gold pip is: calc.forex counts $0.10 as one pip ($10 per lot), while some platforms count $0.01 ($1 per lot). If your stop is measured in the other convention, change the pip size under Contract specs.
Gold is most liquid during the London and New York sessions, and moves sharply on US inflation and jobs data.
For other instruments, or to switch between them, use the full pip calculator.
Frequently asked questions
How much is one pip worth on XAUUSD?
One pip on Gold (XAU/USD) is a 0.1 price move. With 100 oz per lot that is $10.00 per standard lot for a USD account, €8.93 for a EUR account and £7.54 for a GBP account.
What lot size should I use on XAUUSD?
Size the trade from the amount you are willing to lose and your stop: lots = risk ÷ (stop in pips × pip value per lot). Risking $100 with a 50-pip stop gives 0.20 lots for a USD account.
How much margin do I need for 1 lot of XAUUSD?
At a price of 4,104.60, one lot is $410,460 of exposure. That needs $20,523.00 at 20:1, the maximum leverage for EU and UK retail clients on this asset, or $4,104.60 at 100:1.
Is the pip value the same at every broker?
No. Contract sizes for Gold differ between brokers, so the value per pip can differ too. Open the symbol specification in your platform and set the contract size under Contract specs in the calculator.
Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. 74–89% of retail investor accounts lose money when trading CFDs with the brokers listed here. Consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The tools and information on this page are for education and are not financial advice.
Brokers we partner with
Affiliate links. calc.forex is free and funded by affiliate commissions: if you open an account through a broker link on this site, we may be paid by the broker at no extra cost to you. This never changes the numbers our calculators produce.
| Broker | Rating | Regulators | Min deposit | EUR/USD spread | Features | Open account |
|---|---|---|---|---|---|---|
 AvaTrade Most Trusted | 4.6/5 | ASIC, CBI, FSCA, FSA, ADGM | $100 | from 0.9 pips | MT4, MT5 | Open account |
 eToro Best for Beginners | 4.5/5 | FCA, CySEC, ASIC | $50 | from 1.0 pips | Social Trading, Copy Trading | Open account |
 PrimeXBT Lowest Spreads | 4.7/5 | St. Vincent and Grenadines | $10 | from 0.1 pips | Crypto Trading, Low Spreads | Open account |
 Skilling Best Execution | 4.8/5 | CySEC, FSA | $100 | from 0.0 pips | 0.0 Spreads, Fast Execution | Open account |
- Regulators
- ASIC, CBI, FSCA, FSA, ADGM
- Min deposit
- $100
- EUR/USD
- from 0.9 pips
- Regulators
- FCA, CySEC, ASIC
- Min deposit
- $50
- EUR/USD
- from 1.0 pips
- Regulators
- St. Vincent and Grenadines
- Min deposit
- $10
- EUR/USD
- from 0.1 pips
- Regulators
- CySEC, FSA
- Min deposit
- $100
- EUR/USD
- from 0.0 pips
Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. 74–89% of retail investor accounts lose money when trading CFDs with the brokers listed here. Consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.