Gold (XAUUSD) lot size calculator
Size a gold trade from your balance, your risk and your stop distance in dollars of gold price. It gives the same answer on every broker, whatever they call a pip.
The formulas
Lots = (Balance × Risk %) ÷ (Stop distance in $ × Contract size in oz)
Margin = (Lots × Contract size × Gold price) ÷ Leverage
Worked example. Balance $5,000, risk 1% ($50), stop $5.00 below entry, contract size 100 oz. One lot loses $500 over that stop (5 × 100), so the position is 50 ÷ 500 = 0.10 lots. At an example gold price of $3,000 and 1:100 leverage, 0.10 lots needs 0.10 × 100 × 3,000 ÷ 100 = $300 of margin.
Why this calculator works in dollars, not pips
Brokers quote gold to two decimals, and they don’t agree on what a pip is: some call $0.10 a pip, others call $0.01 a point. Working in dollars of price movement gives the same answer on every broker.
Gold lot size FAQ
How much is one lot of gold?
On most brokers one standard lot of XAUUSD is 100 troy ounces, so each $1 move in the gold price changes the position’s value by $100. Check your broker’s contract specification; some use 10 or 1 ounce.
What is a pip in gold?
It depends on the broker, which is why pip-based calculators often give wrong gold sizes. Measure your stop in dollars of price instead.
What lot size suits a $1,000 account?
It depends on your stop. Risking 1% ($10) with a $5 stop on a 100-oz contract gives 0.02 lots.
Why does my gold EA use a different lot size?
EAs often size from equity or from their own stop logic. Check the EA’s risk setting in its user guide.