Gold Pip Calculator
Convert pips, points and dollar price moves on XAU/USD into real money for any lot size. Handy when your broker quotes gold in pips but your EA counts in points — or vice versa.
Counting pips by hand on every trade is exactly the kind of work an EA removes. ForexGoldEA sets a fixed stop-loss and take-profit in price automatically — no manual pip math.
Get the EA free →Pips, points and dollars on gold — the quick reference
Gold confuses a lot of traders because brokers quote it differently. Here's the mapping this calculator uses:
| Unit | Price move | Value per standard lot (100 oz) |
|---|---|---|
| 1 pip | $0.10 | $10 |
| 1 point / cent | $0.01 | $1 |
| $1 move | $1.00 | $100 |
So 1 pip = 10 points, and a full $1 move in gold = 10 pips = 100 points. Scale any of these by your lot size to get the money value. At 0.10 lots, a 100-pip move ($10 of price) is worth $100.
Pip value by lot size (cheat sheet)
| Lot size | Ounces | 1 pip ($0.10) | 1 point ($0.01) | $1 move |
|---|---|---|---|---|
| 0.01 | 1 | $0.10 | $0.01 | $1 |
| 0.05 | 5 | $0.50 | $0.05 | $5 |
| 0.10 | 10 | $1.00 | $0.10 | $10 |
| 0.50 | 50 | $5.00 | $0.50 | $50 |
| 1.00 | 100 | $10.00 | $1.00 | $100 |
Gold pips vs forex pips — why they're different
This is the trap that catches almost everyone coming from currency pairs. On most forex pairs, a pip is the fourth decimal place of the exchange rate (0.0001 on EUR/USD). Gold isn't an exchange rate — it's a dollar price with cents — so brokers define a pip on XAUUSD as a $0.10 move instead. A generic forex pip calculator will therefore give you wrong answers for gold. If you want the full explanation with examples, we wrote it up here: how much is a pip in gold?
Worked examples
Stop-loss conversion: your strategy uses a 50-pip stop on gold. 50 pips × $0.10 = a $5.00 price move. At 0.02 lots (2 oz) that stop risks 5.00 × 2 = $10. At 0.10 lots it risks $50.
Take-profit check: your EA reports +300 points on a 0.10-lot trade. 300 points = $3.00 of price × 10 oz = $30 profit. The same trade described in pips would be "+30 pips" — same money, different unit.
Sizing backwards: you're willing to risk $20 on a $4.00 (40-pip) stop. $20 ÷ ($4.00 × 100) = 0.05 lots. That's exactly what our lot size calculator automates.
Why this matters for an EA
If your EA's stop-loss is set in "points" but you think in "pips", you can accidentally risk 10× what you intended. Always confirm which unit your EA and broker use before going live — the difference is an order of magnitude. Pair this calculator with a proper risk-per-trade rule and the sizing takes care of itself.
Frequently asked questions
How much is one pip in gold (XAUUSD)?
Usually a $0.10 price move — worth ~$10 per standard lot (100 oz) and ~$0.10 at 0.01 lots.
What's the difference between a pip and a point on gold?
Pip = $0.10 move, point (cent) = $0.01 move, so 1 pip = 10 points. Platforms and EAs often count gold in points.
How do I calculate pip value for XAUUSD?
Price move × ounces. One lot = 100 oz, so a $1 move = $100 per lot and a $0.10 pip = $10 per lot, scaled by lot size.
How much is a pip at 0.01 lots?
About $0.10 per pip, and about $1 for a full $1.00 move in the gold price.
Is a gold pip the same as a forex pip?
No — forex pips are the fourth decimal (0.0001); gold pips are a $0.10 dollar move. Generic forex calculators get gold wrong.
How do I convert a gold stop-loss from pips to dollars?
Pips × $0.10 = price distance; then × your ounces. A 50-pip stop at 0.02 lots = $5.00 × 2 = $10 risk.
Why does my broker show a different pip value?
Non-standard contract sizes, extra-digit quotes or account-currency conversion. Check the XAUUSD specification in MetaTrader and its tick value.