1. What is XAUUSD Trading Profit?

XAUUSD represents the price of gold (XAU) in US dollars (USD). Trading profit is calculated by multiplying the price difference between sell and buy prices by the number of ounces traded.

2. How Does the Calculator Work?

The calculator uses the XAUUSD profit formula:

Where:

• \( Sell \) — Sell price per ounce (USD)
• \( Buy \) — Buy price per ounce (USD)
• \( Ounces \) — Quantity of gold traded (oz)

Explanation: The formula calculates the gross profit from gold trading by multiplying the price difference by the trade size.

3. Importance of Profit Calculation

Details: Accurate profit calculation is crucial for trade analysis, risk management, and performance evaluation in gold trading.

4. Using the Calculator

Tips: Enter sell and buy prices in USD per ounce, and the quantity in ounces. All values must be positive numbers.

5. Frequently Asked Questions (FAQ)

Q1: What is XAUUSD?
A: XAUUSD is the symbol for gold priced in US dollars, where XAU is the currency code for gold and USD is US dollars.

Q2: How is this different from spot gold?
A: XAUUSD typically refers to spot gold trading, representing the current market price for immediate delivery.

Q3: Does this include trading fees?
A: No, this calculates gross profit. Net profit would subtract any trading fees or commissions.

Q4: Can I use this for futures contracts?
A: Yes, if the contract is sized in ounces, though you may need to adjust for contract size multipliers.

Q5: What's a typical trade size in gold?
A: Standard gold contracts are often 100 ounces, but mini (10 oz) and micro (1 oz) contracts are also available.