XAUUSD Pip Value Calculator
Enter a lot size to see exactly how many dollars a gold pip and a gold point are worth. This clears up the most common source of confusion in XAUUSD — the difference between a pip (0.10) and a point (0.01).
Your inputs
In lots. 1 standard lot = 100 oz.
Advanced (contract size)
One standard XAUUSD lot = 100 oz.
Results
A pip = 0.1 of price
A point = 0.01 of price
About the XAUUSD pip value calculator
Pip vs point on gold
XAUUSD is quoted to two decimals, so the smallest price increment — a point — is 0.01. Most brokers define a gold pip as 0.10, which is ten points. This is the opposite of many FX pairs, and mixing the two up is the number-one reason traders miscalculate gold risk by a factor of ten.
Value scales directly with position size: since one standard lot is 100 ounces, a 0.01 move (one point) is worth 100 × 0.01 = $1.00, and a 0.10 move (one pip) is worth 100 × 0.10 = $10.00. Multiply those by your lot size for any position.
Worked example
For one standard lot, a pip is worth $10.00 and a point is worth $1.00. Trading 0.10 lots divides both by ten — $1.00 per pip and $0.10 per point. Trading 2 lots doubles them — $20.00 per pip and $2.00 per point. The relationship is perfectly linear, so you can scale to any size in your head once you know the per-lot figures.
Common mistakes
Do not assume a gold pip is 0.01 — that is a point. If a platform reports your profit in points, remember each point is one tenth of a pip. When you read that a setup has a 50-pip stop, that is a $5.00 move (50 × 0.10), which for one lot is $500 of risk, not $50.
Frequently asked questions
What is the pip value of XAUUSD?
For one standard lot (100 oz), a gold pip of 0.10 is worth $10.00 and a point of 0.01 is worth $1.00. For 0.10 lots those become $1.00 per pip and $0.10 per point.
Is a gold pip 0.01 or 0.10?
A point is 0.01 (the smallest tick). Most brokers call 0.10 a pip, which is ten points. This tool shows both so you never mix them up.
How do I convert points to dollars on gold?
Multiply the number of points by $1.00 per standard lot, then scale by your lot size. For 0.20 lots, one point is worth $0.20, so a 150-point move is worth $30.
Does pip value change with the gold price?
No. For a fixed contract size, pip and point value depend only on the lot size, not on the current gold price. The price only matters for notional value and margin.
These calculators are provided for informational and educational purposes only. GoldCompass provides informational analytical interpretations and does not provide investment advice, trading advice, brokerage services, or financial recommendations. Always confirm contract specifications, tick size, and margin requirements with your own broker before trading.