Free tools
Gold trading tools & calculators
Free XAU/USD calculators built for gold traders — position sizing, risk, pip values and live market sessions. No sign-up, no download, works on any device.
Free XAU/USD calculators built for gold traders — position sizing, risk, pip values and live market sessions. No sign-up, no download, works on any device.
Work out the correct XAUUSD lot size from your account balance, risk % and stop-loss distance.
Open calculator →See exactly how much a trade risks in dollars and % — plus what a losing streak would do to your account.
Open calculator →Convert pips, points and dollar moves on XAUUSD into real money for any lot size.
Open calculator →Live forex market sessions in your local time — see when London and New York overlap for peak gold volatility.
Open timer →Most people arrive here with one of four questions. How many lots answers "my stop is X dollars away and I will risk 1% - what size do I trade?". Risk calculator answers "what does this actually cost me in dollars, and what does a six-loss streak do to my balance?". Pip calculator converts the pips, points and dollar moves gold quotes in into money at your lot size. Session timer answers "is the market busy right now?" - it shows the London and New York sessions in your own timezone.
They work the same way whether you trade by hand or run an expert advisor. An EA needs the same numbers you do: a risk percentage it can size from, a stop distance, and an honest view of what a losing streak costs. If you want the reasoning behind them rather than the arithmetic, the guides on lot size, risk per trade and pip value walk through each one.
The lot size calculator. Position size is the one decision that determines what a losing trade costs you, and every other number on this page follows from it. Work out the lot size first, then use the risk calculator to see what a run of losses at that size would do to the balance.
The risk calculator and the session timer are instrument-agnostic. The lot size and pip calculators are built around the XAU/USD contract, where one standard lot is 100 ounces and a $1 move is $100 per lot, so their numbers apply to gold rather than to currency pairs.
They are estimates. None of them includes spread, commission, swap or slippage, and contract specifications differ between brokers - check yours before trading. Treat the output as the size of the decision, not as a guaranteed cost.