Big42 Trading

XAUUSD Pip Calculator

Spot Gold Commodity

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XAUUSD Pip Calculator Inputs

Advanced Broker Specification Override Drawer ▼

Confirm the contract size for this symbol in your broker platform before relying on the pip value.

The Formula

This pip calculator answers one question: what is the cash value of the pip or point amount for the selected instrument and trade size?

Pip Value = Trade Size in Lots x Contract Size x Pip Size

XAUUSD / Gold Pip Specs

For this site, XAUUSD and Gold are the same underlying instrument. Enter account currency, XAUUSD trade size in lots, and the pip amount to estimate the pip value and the move value for that gold position.

Pip Value Example

For 1.00 lot XAUUSD with a 30 pip move, the default 100 ounce contract and 0.10 pip size gives $10.00 per pip and $300.00 move value before any account-currency conversion.

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XAUUSD / Gold Pip Value Reference

XAUUSD pip value is based on spot gold contract weight. In the standard commodity model, 1.00 lot of gold represents 100 troy ounces. A 1.00 dollar move in gold is commonly treated as 10 gold pips, so this calculator uses a default pip size of 0.10.

The calculator multiplies trade size in lots by broker contract size and pip size to calculate value per pip. It then multiplies that value by the entered pip amount to estimate the total move value for the trade size.

Account currency changes the displayed value. USD is the base model because XAUUSD is quoted in dollars; EUR, GBP, JPY, ZAR and other account currencies use the built-in conversion table for an estimate.

Broker specifications can differ, so the advanced drawer keeps the contract size editable. Use that field to match your platform symbol specification before relying on the pip value.