Free tool · XAU/USD lot size, pip value and profit

Gold Lot Size & Profit Calculator (XAU/USD)

Gold lot size is how many lots of XAU/USD to trade so that a stop-out costs only what you chose to risk: lots = risk amount ÷ (stop distance in $ × ounces per lot). Risking $50 with a $6 stop on 100 oz lots gives 0.08 lots (8 oz), with $48 actually at risk after rounding down.

A free XAUUSD lot size calculator and gold position size calculator: enter your balance, how much you'll risk and where your stop is. You get the gold lot size, rounded down to your broker's lot step, the dollars at risk and the pip value. Further down, the gold profit calculator works out the profit or loss on a gold trade from entry, exit and lots. Free, no sign-up, updates as you type.

Your gold lot size

0.08lots

8 oz · exact 0.0833 lots, rounded down to the 0.01 step

Risk you set: $50.001.00% of balance
Actual risk after rounding: $48.000.96% of balance
Value of a $1 gold move: $8.00
Per pip ($0.10 pip): $0.80stop = 60.0 pips
Per pip ($0.01 pip): $0.08stop = 600 pips

Educational, not financial advice. Check your broker's contract specification before trading. Spread, commission and slippage aren't included.

Need a setup to size?Today's gold levels and rule-based setups are on our gold analysis page, each with a link back here.Today's gold analysis →

See the levels of every gold setup

Zone, invalidation, TP1 and TP2 the moment a bot posts it. Free account, no card.

XAUUSD pip calculator: gold pip value by lot size

A gold pip calculator: what one pip, a $1 move and 100 pips are worth for a given gold position, under both pip conventions. Uses the contract size above (100 oz per lot).

Position size

lots

Ounces: 10
Value of a $1 move: $10.00
Per pip ($0.10 pip): $1.00100 pips ($10 move) = $100.00
Per pip ($0.01 pip): $0.10100 pips ($1 move) = $10.00

Gold pip value at 100 oz per lot
Lots	$1 move	$0.10 pip	$0.01 pip
0.01	$1.00	$0.10	$0.01
0.05	$5.00	$0.50	$0.05
0.10	$10.00	$1.00	$0.10
0.50	$50.00	$5.00	$0.50
1.00	$100.00	$10.00	$1.00
2.00	$200.00	$20.00	$2.00
5.00	$500.00	$50.00	$5.00
10.00	$1,000.00	$100.00	$10.00

From a micro lot (0.01) to 10 standard lots. Different broker contract sizes scale every figure in proportion.

XAUUSD profit calculator

A pip profit calculator for gold: profit or loss on a trade from the direction, entry, exit and lots, in dollars and in pips under both conventions. Uses the contract size above (100 oz per lot).

Profit

+$120.00

Price move in your favour: $12.0010 oz position
Pips ($0.10 pip): 120.0
Pips ($0.01 pip): 1,200

Spread and slippage aren't included. Non-USD accounts convert this at the broker's rate.

How to calculate gold lot size

Like any XAUUSD position size calculator, it uses the standard lot size formula, written in dollars of gold's price movement:

Lots = (balance × risk %) ÷ (stop distance in $ × ounces per standard lot)

Risk amount: balance × risk %. The most you're prepared to lose if the stop is hit.
Cost of the stop on one lot: stop distance × ounces per lot. With 100 oz, a $6 stop costs $600 per lot.
Lots: risk amount ÷ cost per lot, rounded down to your broker's lot step so you stay at or under the risk you set.

Worked example: a $5,000 account risking 1% is $50. With a $6 stop (gold at 4,400.00, stop at 4,394.00) one lot would lose $600, so $50 ÷ $600 = 0.0833 lots. Rounded down that's 0.08 lots, or 8 oz, and the actual risk is 8 × $6 = $48. With a wider $25 stop, the same $50 buys $50 ÷ $2,500 = 0.02 lots. A wider stop means a smaller position for the same risk.

Gold lot size example: $50 risk divided by $600 loss per lot ($6 stop × 100 oz) is 0.0833 lots, rounded down to 0.08 lots (8 oz), so $48 is at risk — The worked example above as a calculation path: round down, so the real risk ($48) never exceeds the plan ($50).

The full walk-through, including forex pairs and non-USD accounts, is in how to calculate lot size.

Gold pip value: is a pip $0.10 or $0.01?

There's no single convention. Many brokers list gold's pip size as 0.01, while this site's bots treat 1 pip of gold as $0.10. Both are just units for the same price move: a $6 stop is 60 pips at $0.10 or 600 pips at $0.01. That's why this calculator works in dollars of price movement first and shows pips both ways.

The contract size matters as much. A standard lot is commonly 100 troy ounces, matching the COMEX gold futures contract, so a $1 move is worth $100 per lot, $10 per 0.1 lot and $1 per 0.01 lot. Under the $0.10 convention that's a gold pip value of $10 per standard lot; under $0.01 it's $1. Some brokers use other sizes, so set the contract size to whatever your broker's specification says.

Sizing a stop beyond a sweep wick

The setups on the gold analysis page put the invalidation just beyond the liquidity sweep wick for top-tier areas, or half an ATR beyond the zone otherwise. The zone itself is an order block, and the bots measure from its near edge: the top for a BUY, the bottom for a SELL. "Size this setup" on each card fills those prices in here.

Sweep wicks on gold can be long, so these stops are often wider than people expect. The calculator keeps the dollar risk fixed and shrinks the lot size to fit, instead of moving the stop closer to make a bigger position work. The rules behind the areas, and how they were tested, are on the methodology page.

Gold lot size calculator FAQ

How much is 1 pip on XAUUSD?

With a 100 oz standard lot, 1 pip is worth $10 per lot if a pip is $0.10 of price movement, or $1 per lot if your broker counts a pip as $0.01. That's $1 or $0.10 per pip on a 0.1 lot, and $0.10 or $0.01 per pip on a 0.01 lot. The pip value table on this page shows every common size.

How is gold profit calculated?

Profit = price move in your favour × lots × ounces per lot, minus commission. A BUY from 4,400.00 closed at 4,412.00 is a $12 move; on 0.1 lots (10 oz) that's $12 × 10 = $120 before costs. A SELL works the same way with the move measured downwards, and a move against you gives a loss.

How much is 0.01 lot of gold worth per $1 move?

With the common 100 oz standard lot, 0.01 lots is 1 oz, so a $1 move in gold is worth $1. That's $0.10 per pip if a pip is $0.10, or $0.01 per pip if your broker counts a pip as $0.01. A different contract size changes the figure.

Is a gold pip $0.01 or $0.10?

It depends on the broker or tool. Some platforms list a pip size of 0.01, while this site's bots treat 1 pip of gold as $0.10. Both describe the same price move in different units, so converting the stop to dollars of price movement avoids the confusion: a $6 stop is 60 pips at $0.10 or 600 pips at $0.01.

What lot size should I use for a $1,000 account?

It depends on your risk per trade and your stop, not the balance alone. The formula is lots = (balance × risk %) ÷ (stop in $ × ounces per lot). At 1% risk ($10) with a $5 stop and 100 oz lots, that's $10 ÷ $500 = 0.02 lots. With a $15 stop it's $10 ÷ $1,500 = 0.0067 lots, below the 0.01 minimum, so the smallest possible trade would risk $15 (1.5%).

Does the calculator include spread, commission or slippage?

The lot size calculator sizes the position from the stop distance only, so spread, commission and slippage in fast markets can make the actual loss larger than the figure shown. The profit calculator lets you deduct a commission per lot; spread and slippage still aren't included.

Educational, not financial advice. Check your broker's contract specification before trading. Trading gold involves risk of loss.