Calculators

XAUUSD Lot Size Calculator for Gold

Short answer

The XAUUSD lot size calculator uses one formula: lot size = amount at risk ÷ (stop distance in dollars × 100), because one standard lot of XAUUSD is usually 100 ounces. Risking 1% of a USD 1,000 account (USD 10) with a USD 5 stop gives 10 ÷ 500 = 0.02 lots.

Assumes a USD account. Margin requirements can differ by broker, instrument and time, so check what your platform shows before you trade.

What is a $1 move in gold worth?

4,050.00 4,051.00 +$1.00

Gold moves from 4,050.00 to 4,051.00

  • 1.00 $100
  • 0.50 $50
  • 0.10 $10
  • 0.01 $1
A standard lot of gold is 100 ounces, so each $1 in price is $100 per lot. The same maths applies to losses. Example prices only.
On this page
  1. How the XAUUSD lot size calculator works
  2. Worked examples
  3. Why “pips” on gold confuse people
  4. How to read the result
  5. Gold contract details to check
  6. On Exness accounts

How the XAUUSD lot size calculator works

On gold, every USD 1 move in the price changes the value of one standard lot by USD 100, because a standard lot is usually 100 ounces. So the XAUUSD lot size calculator does this:

  1. Amount at risk = balance × risk % ÷ 100
  2. Loss per lot = stop distance in dollars × 100
  3. Lot size = amount at risk ÷ loss per lot, rounded down to 0.01

“Stop distance in dollars” is the gap between your entry price and your stop price. An entry at 3,000.00 with a stop at 2,995.00 (example prices) is a USD 5.00 distance.

Worked examples

Example 1. Balance USD 1,000, risk 1%, stop USD 5.00.

  • Amount at risk: USD 10
  • Loss per lot: 5 × 100 = USD 500
  • Lot size: 10 ÷ 500 = 0.02 lots

Example 2. Balance USD 2,500, risk 0.5%, stop USD 8.00.

  • Amount at risk: USD 12.50
  • Loss per lot: 8 × 100 = USD 800
  • Lot size: 12.50 ÷ 800 = 0.0156, rounded down to 0.01 lots

Rounding down means your real risk is a little below what you entered, never above it. The examples use small percentages to keep the arithmetic simple; the figure you use is your decision.

Why “pips” on gold confuse people

Websites and platforms don’t agree on what a gold pip is. Some call a 0.01 move a pip; others call a 0.10 move a pip. That is why “how much is a pip on gold” gets different answers. The dollar values themselves are not in dispute:

Price move Value per standard lot (100 oz) Value per 0.01 lot (1 oz)
0.01 USD 1 USD 0.01
0.10 USD 10 USD 0.10
1.00 USD 100 USD 1

This calculator avoids the problem by asking for the stop distance in dollars, which reads straight off your chart. Our gold pip value guide sets the definitions side by side with a full worked example.

How to read the result

  • Position size is in standard lots. It goes in the volume field of your order.
  • Amount at risk is what you lose if your stop is hit at exactly that price. Spread and slippage can add to it, gold’s price can move quickly, and it can gap past your stop over a weekend or on news.
  • A result below 0.01 lots means even the smallest standard position risks more than you chose. See the cent account note below.

The calculator tells you what size fits your stop. It can’t tell you whether the stop is in a sensible place.

Gold contract details to check

  • Contract size: one standard lot is usually 100 ounces. Check the contract size in your platform’s symbol specification; if it differs, replace 100 in the formula with your contract size.
  • Symbol name: gold usually appears as XAUUSD, sometimes with a suffix or as GOLD. See what is XAUUSD.
  • Cent accounts: where one cent lot equals 0.01 standard lots, a cent lot is 1 ounce, and balances show in US cents (USD 5 = 500 USC). Enter your balance in dollars (USC ÷ 100) and multiply the result by 100 to get cent lots. With USD 50, 1% risk and a USD 5 stop, the result is 0.001 standard lots, which is 0.1 cent lots. Check the smallest volume your platform accepts.
  • Margin: leverage changes how much margin a gold position ties up, not the loss per dollar of movement. See the margin calculator.

On Exness accounts

  • On Standard accounts gold appears as XAUUSDm. The “m” is a suffix Exness adds to symbols on that account type.
  • On Standard Cent, one cent lot equals 0.01 standard lots, which is 1 ounce.
  • Check the contract size in the symbol specification before your first gold trade.

This gold lot size calculator is for XAUUSD only; for currency pairs, use the lot size calculator. Read how to trade gold for the wider picture, and practise the sizes on a demo account before you use real money.

Common questions

How much is 1 pip on gold?

It depends on which definition is used. Per standard lot of 100 ounces, a 0.01 price move is worth USD 1 and a 0.10 move is worth USD 10. On a 0.01 lot, divide those figures by 100.

What lot size can I trade on gold with USD 100?

That depends on your stop and how much you're prepared to lose, not on the balance alone. Risking 1% (USD 1) with a USD 5 stop gives 0.002 standard lots, which is below 0.01; on a cent account where one cent lot equals 0.01 standard lots, that is 0.2 cent lots.

Does leverage change the gold lot size?

No. Leverage changes the margin a gold position ties up, not the value of each dollar the price moves. Check the margin separately with the margin calculator.

Why is gold called XAUUSDm on my Exness account?

Exness adds an 'm' suffix to symbols on Standard accounts, so gold priced in US dollars shows as XAUUSDm. Check the contract size in the symbol specification before you size a position.