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How Much Is 1 Pip in Gold (XAUUSD)? Priced Per Lot
At myfxbook's 0.01 pip size, a gold pip is $1.00 per 100-unit lot. Brokers quoting 1 or 3 decimals make it $10 or $0.10. The dollar move never changes.
How much is 1 pip in gold (XAUUSD)? On a 0.01 pip size, the one myfxbook’s XAUUSD pip calculator uses, 1 pip is worth $1.00 on a standard lot of 100 units, $0.10 on a 10-unit mini lot and $0.01 on a 1-unit micro lot. Brokers quoting gold to one or three decimals call a pip 0.1 or 0.001 instead.
The dollar value of a price move is the part that does not change. This is an evergreen explainer: no news peg and no live gold price, only arithmetic that holds at any price.
How much is 1 pip in gold (XAUUSD), per lot?
Start from the contract. myfxbook prices its standard lot at 100 units; FXNX’s MT5 specification guide states that on standard MT5 broker accounts, 1.00 lot of XAUUSD equals 100 troy ounces. Contract size is set by the broker, so read your own platform’s specification window before borrowing either figure.
Pip value is pip size times units: 0.01 × 100 = $1.00 a standard lot, the figure myfxbook prints. This desk read myfxbook, FXNX and the TradingView piece below on 15 October 2026. The 0.1 and 0.001 rows are this desk’s arithmetic on the same 100, 10 and 1-unit lots; no source read prints them.
| Pip size | Quote decimals | Standard (100) | Mini (10) | Micro (1) | Pips in a $1.00 move |
|---|---|---|---|---|---|
| 0.1 | 1 | $10.00 | $1.00 | $0.10 | 10 |
| 0.01 | 2 | $1.00 | $0.10 | $0.01 | 100 |
| 0.001 | 3 | $0.10 | $0.01 | $0.001 | 1,000 |
The last column is the point. A $1.00 move in gold is 10, 100 or 1,000 pips depending on the convention, and on one 100-unit standard lot it is $100 every time: 10 × $10, 100 × $1.00, 1,000 × $0.10.
Is a gold pip 0.01 or 0.1?
Either, depending on who is counting. A TradingView education idea by VasilyTrader says brokers display gold with one, two or three digits after the decimal point, making a pip 10 cents, 1 cent or a tenth of a cent, and that the same move can be 12000, 1200 or 120 pips from broker to broker. Its author writes that there is no universal pip standard for gold, and discloses a monthly fee from Trade Nation’s influencer programme. myfxbook settles on 0.01; FXNX’s guide carries a section headed 2-digit vs. 3-digit pricing in MT5.
Of the four ranking pages read for this piece (TradingView, myfxbook, Defcofx and Ultima Markets), none sets the three conventions side by side in dollars per lot. The table above does.
Why gold pip counts do not compare
A pip count is a label; the dollar move is the measurement. The TradingView author tells readers to ask any gold signal group how it calculates a pip. The house version: convert the tally to dollars per lot, or ignore it. “450 pips” on gold is $45, $450 or $4,500 per standard lot, depending on whose pip it is.
Costs work the same way. A gold spread quoted in pips means nothing until you know which decimal the broker calls a pip. Convert it with the table, as the spread calculation does for currency pairs, then add any commission using commission per lot into pips, remembering a gold pip is only $10 a standard lot if your broker counts 0.1 as a pip, where a USD-quoted currency pair carries $10 a pip by default.
Questions readers ask
Does XAUUSD use pips? Yes, though the definition varies. myfxbook gives XAUUSD a pip size of 0.01, while a TradingView education piece notes brokers quote gold to one, two or three decimals, which makes a pip 0.1, 0.01 or 0.001. Check how many decimals your platform shows before counting pips.
How is a pip calculated for gold? Multiply the pip size by the number of units in the position. At a 0.01 pip size, a 100-unit standard lot gives 0.01 × 100 = $1.00 a pip, a 10-unit mini $0.10 and a 1-unit micro $0.01. Contract size is set by the broker, so confirm it in your platform’s specification.
How much is 1 pip worth in gold trading? On a 0.01 pip size, $1.00 per 100-unit standard lot, the figure myfxbook’s calculator prints. If your broker counts 0.1 as a pip it is $10, and at 0.001 it is $0.10. A $1.00 price move is worth $100 per standard lot under every convention.
No broker’s gold spread or commission was read for this piece, so none is quoted, and the arithmetic above is not a trade example. Trading involves substantial risk of loss, and nothing on this site is financial advice.