On XAUUSD (Gold), 1 pip = a 0.10 price move, and its value is $10 per standard lot (1.0), $1 per mini lot (0.1) and $0.10 per micro lot (0.01). Enter your lot size below to get the exact pip value.
XAUUSD Pip Value
Pip Value
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Per 0.01 lot (micro)$0.10
Per 0.1 lot (mini)$1.00
Per 1.0 lot (standard)$10.00
How XAUUSD Pip Value Is Calculated
For gold, 1 standard lot equals 100 troy ounces. A pip is defined as a 0.10 move in price. The pip value is therefore: 0.10 × 100 oz = $10 per standard lot. Some brokers quote gold to 2 decimals and call 0.01 a pip — in that case a "pip" is worth $1 per lot. This calculator uses the industry-standard 0.10 = $10 definition.