XAU/USD Pip Value Calculator

In XAU/USD trading, one pip equals $0.10, the first decimal place of the gold price. If gold moves from $4710.00 to $4710.10, that is one pip.

For a standard lot (100 oz), one pip is worth $10.00. For a mini lot (10 oz), one pip is worth $1.00. For a micro lot (1 oz), one pip is worth $0.10.

For XAU/USD quoted in USD, the pip value remains constant regardless of the gold price, always $10 per pip per standard lot.

Divide the USD pip value by the exchange rate of your account currency against USD. For example if one pip is worth $1 USD and GBP/USD is 1.27, the pip value is approximately £0.79.

Knowing your pip value allows you to calculate your exact profit or loss before entering a trade. It is essential for proper risk management and position sizing.