XAUUSD Pip Value — Contract Specs & Lot Sizes

One standard lot of XAUUSD is 100 oz (1 lot) with a pip size of 0.01 (site convention; some platforms use 0.1). Pip value per standard lot: $1.00 per 0.01 move; $10.00 per 0.1 "big pip".

XAUUSD Contract Specifications

InstrumentXAUUSD — Gold / US Dollar
Contract Size (1 standard lot)100 oz (1 lot)
Pip Size0.01 (site convention; some platforms use 0.1)
Pip Value (1 lot)$1.00 per 0.01 move; $10.00 per 0.1 "big pip"
USD Equivalent$10.00 per 0.1 move (exact — quote is USD)
Minimum Lot0.01
Maximum Lot50–100+ (broker-dependent)
Typical Spread10–25 points ($0.10–$0.25) raw / 25–45 points standard
Trading Hours23/5, Sunday 22:00 – Friday 21:00 GMT (1-hour daily break)
Platform AliasesXAU/USD, GOLD, Gold spot

XAUUSD Pip Value by Lot Size

Lot Size Pip Value
0.01 lotscales linearly — $1.00 per 0.01 move; $10.00 per 0.1 "big pip"
0.10 lotscales linearly — $1.00 per 0.01 move; $10.00 per 0.1 "big pip"
1.00 lotscales linearly — $1.00 per 0.01 move; $10.00 per 0.1 "big pip"
10.00 lotscales linearly — $1.00 per 0.01 move; $10.00 per 0.1 "big pip"

Values scale linearly with volume: 0.01 lot = 1% of the 1-lot value, 10 lots = 10×. $10.00 per 0.1 move (exact — quote is USD)

How to Calculate XAUUSD Pip Value

pip-value-formula.txt
Pip value = pip size × contract size XAUUSD: 0.01 (site convention; some platforms use 0.1) × 100 oz (1 lot) = $1.00 per 0.01 move; $10.00 per 0.1 "big pip" per 1 standard lot

Because the quote currency is USD, the pip value in USD is fixed regardless of price. Verify exact contract size in your platform (MT4/MT5 → Market Watch → right-click → Specification).

Position Size Calculator Pip Value Calculator

More XAUUSD Resources

XAUUSD Guide Pip Value Swap Rates Session Times XAGUSD GuideUSDJPY GuideAUDUSD Guide

Free Trading Tools

Lot Size Calculator Risk of Ruin Correlation Matrix Session Clock Currency Strength Historical Data Gold Lot Size Gold Profit Calculator

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Frequently Asked Questions

What is the pip value of XAUUSD?

One pip of XAUUSD on a 1.00 standard lot is worth $1.00 per 0.01 move; $10.00 per 0.1 "big pip" ($10.00 per 0.1 move (exact — quote is USD)).

How do I calculate XAUUSD pip value?

Multiply pip size by contract size: 0.01 (site convention; some platforms use 0.1) × 100 oz (1 lot) = $1.00 per 0.01 move; $10.00 per 0.1 "big pip" per standard lot.

Does the XAUUSD pip value change?

No — with a USD quote currency the USD pip value is constant at any price level.

What is the contract size of XAUUSD?

One standard lot is 100 oz (1 lot). Minimum trade size is 0.01 lots at most brokers.

How many pips does XAUUSD move per day?

~$95 ($90–110) on average (August 2026 window) — very high volatility among the 35 instruments in our database.

Data compiled 22 August 2026 from IC Markets product specification sheets, Myfxbook live spread/swap/volatility feeds and public education sources (FOREX.com Academy, BabyPips, FXStreet). Spreads, swaps and daily ranges change continuously — values above are representative, not quotes, and vary by broker. Verify everything in your platform's contract specification window. Educational content only — not financial advice. See our Terms.

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