XAUUSD Pip Value Calculator: How to Measure XAU/USD Pip Worth
What is XAU/USD Pip Value? - XAUUSD Pip Calculation
The Value of 1 Pip for XAU USD Currency Pair for 1 Lot is - $1
XAU USD Pip Value - Calculation of XAUUSD Pip Value and Lot Size
To determine the pip value for XAUUSD, traders must know the position size of their trade. When entering an XAUUSD trade, there are three lot sizes available for traders to consider.
The 3 lot sizes that traders will use when opening XAU USD trades are:
- XAU/USD Standard Lot - Which is Equivalent to 100, 000 Units of the Currency
- XAU USD Mini Lot - Equivalent to 10, 000 Units of the Currency
- XAUUSD Micro Lot - Which is Equivalent to 1, 000 Units of the Currency
In XAU/USD, trades happen in lots. One standard lot equals 100,000 currency units.
Why trade XAU/USD Pair in Such big Lots?
The XAU/USD currency pair is traded in substantial lots to boost the pip value when dealing with this pair. An increased pip value for XAU/USD translates to a higher profit per pip. Thus, trading XAU USD in larger lots aims to enhance the pip profit value.
Calculating XAUUSD Pip Equivalents Based on Position Size (Lot Size) - The XAUUSD Pips Calculator Tool
- When XAU USD pair is traded using 1 standard lot the value of a pip will be equivalent to $1
- When XAUUSD is traded using 1 mini lot the value of a pip will be equivalent to $0.01
- When XAU USD currency pair is traded using 1 micro lot the value of a pip will be equivalent to $0.001
XAU USD Pip Value Calculator - How To Calculate Pips XAUUSD: XAU/USD Pip Calculator
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