Contract size: Meaning in Gold Trading
How many units of the asset one lot represents. For XAUUSD it is usually 100 oz.
I wrote this guide based on how I actually trade gold. No theory — just what works after 10 years.
Key takeaways
- MT5 contract specification · [Pip value calculator](/tools/pip-...
Contract size: How many units of the asset one lot represents. For XAUUSD it is usually 100 oz.
You'll find it in MT4/MT5 under Symbol → Specification. It decides pip value, margin and profit per lot, so it's the first thing to check at a new broker.
Example: a broker with a 10 oz contract would show $10 per $1 move per lot instead of $100.
I don't predict. I prepare. Every trade I share here is placed with real money, in real time. No indicators, no noise — just price action and experience.
— Happy trading, Lin
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