What is the difference between a pip and a point on gold?

A pip on gold is usually a $0.10 move, while a point is a $0.01 move — so 1 pip equals 10 points. Many platforms and EAs count gold in points, which makes numbers look ten times larger.

How much is a $1 move in gold worth?

A $1.00 move equals 10 pips or 100 points. At 0.01 lots it is worth about $1; at 0.10 lots about $10; at 1.00 lot about $100.

Is the gold pip value the same on every broker?

The math is the same wherever the standard 100 oz contract is used, but a few brokers use different contract sizes or quote conventions. Always check the XAUUSD contract specification in your platform.

Gold Pip Value Calculator (XAUUSD)

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Quick answer: On gold, 1 pip = a $0.10 price move and 1 point = $0.01 (so 1 pip = 10 points). At 0.01 lots a pip ≈ $0.10; at 1.00 lot a pip ≈ $10.

Lot size

Move measured in

Size of the move

MONEY VALUE OF THAT MOVE

$5.00

50 pips = $5.00 price move × 1 oz

Pip vs point on gold — the trap that confuses everyone

Forex pairs have a standard pip definition; gold doesn't quite. Most brokers treat a pip on XAUUSD as a $0.10 move and a point as $0.01. So when someone says their gold EA has a "500 point stop", that's a $5.00 move — the same as 50 pips. Always check which unit your platform or robot uses before comparing numbers.

Value table (per $1.00 gold move)

Lot size	Ounces	$1 move is worth	1 pip ($0.10) is worth
0.01	1	$1	$0.10
0.05	5	$5	$0.50
0.10	10	$10	$1.00
0.50	50	$50	$5.00
1.00	100	$100	$10.00

Frequently asked questions

How much is a pip in gold?

Usually a $0.10 move — worth ~$0.10 at 0.01 lots and ~$10 at 1 lot.

Pip vs point?

Pip = $0.10, point = $0.01 → 1 pip = 10 points. Platforms often count gold in points.

How much is a $1 move worth?

10 pips / 100 points — about $1 at 0.01 lots, $100 at 1.00 lot.

Same on every broker?

The math holds wherever the 100 oz contract applies — check your broker's XAUUSD specification.

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Educational tool only, not financial advice. Assumes the standard 100 oz XAUUSD contract and $0.10 pip convention — verify with your broker. Trading gold carries substantial risk.