Gold (XAUUSD) Trading Risk Calculator

Gold (XAUUSD) has unique pip calculation: 1 pip = $0.10 price movement. Contract size: 100 troy ounces. Pip value: $1.00/pip per 0.1 lot, $10/pip per standard lot. Gold is a safe-haven asset strengthening during geopolitical stress and inflation. Average daily range: $20-50. Central banks hold ~35,000 tonnes of gold reserves. US real interest rates are the primary driver. XAUUSD requires special position sizing due to its unique pip and contract structure.

Source: BIS Triennial Survey 2023, broker specifications, market analysis.