A Gold Profit Calculator helps traders and investors estimate their potential profits or losses when trading gold (XAU/USD). It can be used for both long (buy) and short (sell) positions. By inputting the entry price, exit price, contract size, and lot size, users can instantly see whether their trade resulted in a gain or a loss. This tool is essential for planning trades, setting realistic profit targets, and improving overall trading discipline.
This calculator falls under the category: Financial / Trading Calculators.
formula
There are two primary formulas, one for a buy (long) position and one for a sell (short) position.
1. For a Buy (Long) Position
Gross Profit = (Exit Price - Entry Price) * Contract Size * Lot Size
2. For a Sell (Short) Position
Gross Profit = (Entry Price - Exit Price) * Contract Size * Lot Size
A positive result from either formula indicates a profit, while a negative result indicates a loss.
Component Variable Explanations:
Entry Price: The price of gold (XAU/USD) when you opened the trade.
Exit Price: The price of gold (XAU/USD) when you closed the trade.
Contract Size: The standard number of units (ounces) in one lot of gold. This value is typically 100.
Lot Size: The volume of your trade (e.g., 1.0 for a standard lot, 0.1 for a mini lot, 0.01 for a micro lot).
Gold Profit Quick Reference Table
Entry Price | Exit Price | Position Type | Contract Size | Lot Size | Gross Profit (USD) |
---|---|---|---|---|---|
1900 | 1920 | Buy | 100 | 1.0 | 2,000 |
1950 | 1930 | Sell | 100 | 0.5 | 1,000 |
2000 | 1985 | Sell | 100 | 1.0 | 1,500 |
1850 | 1880 | Buy | 100 | 0.2 | 600 |
1920 | 1925 | Buy | 100 | 1.5 | 750 |
Example
Suppose you opened a buy position at an entry price of 1,900 USD, closed the trade at 1,920 USD, traded 1 standard lot, and the contract size is 100 ounces.
Gross Profit = (1,920 - 1,900) * 100 * 1.0 = 2,000 USD
This means your trade made a profit of 2,000 USD.
Most Common FAQs
Yes, the calculator works for both long (buy) and short (sell) positions by using the appropriate formula.
No, the calculator gives you the gross profit. To find the net profit, subtract your broker’s commission, swap charges, or any other fees.
Contract size determines how much value each price movement represents in your trade. Larger contract sizes amplify both profits and losses.