Tools
Gold pip value cheat sheet
Is a gold pip $0.01 or $0.10, and what is it actually worth? Here is the XAU/USD math we use on every signal, in one page.
1 pip = a $0.10 move in the gold price
1 standard lot = 100 oz → $10.00 per pip
a $1.00 price move = 10 pips = $100 on 1.0 lot
Some brokers display gold with different digit conventions and count a pip as a $0.01 move instead — check your broker's contract specification before sizing a trade.
Quick check
Your size, in dollars
The only interactive part of this page — everything else you can screenshot.
- $/pip at this size
- $1.00
- A $5.00 gold move
- $50
dollarsPerPip = lots × $10.00 · movePnL = move ($) × 100 oz × lots. Educational, not advice.
Cheat sheet
P/L by lot size and gold move
Dollar profit or loss for common lot sizes across $1 to $50 XAU/USD price moves.
| Lot size | $1 move | $5 move | $10 move | $25 move | $50 move |
|---|---|---|---|---|---|
| 0.01 | $1 | $5 | $10 | $25 | $50 |
| 0.05 | $5 | $25 | $50 | $125 | $250 |
| 0.10 | $10 | $50 | $100 | $250 | $500 |
| 0.25 | $25 | $125 | $250 | $625 | $1,250 |
| 0.50 | $50 | $250 | $500 | $1,250 | $2,500 |
| 1.00 | $100 | $500 | $1,000 | $2,500 | $5,000 |
Each cell = lots × 100 oz × price move. A $1 move is 10 pips as we count them ($0.10 per pip).
The two questions
Pips in gold, answered
What is a pip in gold?
On XAU/USD as we count it, 1 pip is a $0.10 move in the gold price, so a $1.00 move is 10 pips. Some brokers and communities count a $0.01 move as a pip instead — always check your broker's contract specification.
How much is a gold pip worth per lot?
One standard lot of XAU/USD is 100 oz, so each $0.10 pip is worth $10.00 on 1.0 lot — which works out to $0.10 per pip on a 0.01 lot. A $1.00 move in the gold price equals $100 of profit or loss per standard lot.
Trading gold on margin carries a high level of risk and can result in losses that exceed your deposit. Nothing on this page is investment advice.