Calculator
XAGUSD pip calculator: silver pip value
Enter your lot size and a move in pips. You see what one pip of silver is worth, what the move makes or costs, and with a price what a 1% move is worth.
- One pip at your size
- $5.00
- Your move
- $250.00
- One pip per lot
- $50.00
- One pip on 0.01 lot
- $0.50
- A 1.00 move per lot
- $5,000.00
- A 1% move at your size
- -
Worked example
You hold 0.1 lots on the preset of 5,000 ounces per lot. One pip of 0.01 is worth $50.00 a lot, so at your size it is worth $5.00.
A move of 50 pips makes or costs $250.00. On 0.01 lot the same pip is worth $0.50.
At an illustrative price of 50, a 1% move is 0.5 of price, worth $250.00 at your size. The page fills in the live silver (XAG/USD) price, so the 1% line starts from today's level.
The formula
Pip value = pip size × contract per lot × lots, in US dollars. A move is worth the pip value times its size in pips. A 1% move = price ÷ 100 ÷ pip size × pip value.
Silver is quoted in US dollars per ounce. The form starts at 5,000 ounces per lot and offers both pip habits: 0.01, a cent of price, and 0.001.
Silver pip value by lot size
| Lots | Ounces | Pip of 0.001 | Pip of 0.01 | A $1.00 move |
|---|---|---|---|---|
| 0.01 | 50 | $0.05 | $0.50 | $50.00 |
| 0.05 | 250 | $0.25 | $2.50 | $250.00 |
| 0.1 | 500 | $0.50 | $5.00 | $500.00 |
| 0.5 | 2,500 | $2.50 | $25.00 | $2,500.00 |
| 1 | 5,000 | $5.00 | $50.00 | $5,000.00 |
| 2 | 10,000 | $10.00 | $100.00 | $10,000.00 |
| 5 | 25,000 | $25.00 | $250.00 | $25,000.00 |
| 10 | 50,000 | $50.00 | $500.00 | $50,000.00 |
On the preset of 5,000 ounces per lot. Contract sizes differ by broker, so check the contract specification of yours and type its number into the form.
Silver lot size calculator · Lot size calculator, every market · Pip value calculator, every market · Silver chart · Risk of ruin calculator · All calculators
Questions and answers
What is a pip in silver?
The calculator starts with a move of 0.01 in the silver price as one pip, from 50.00 to 50.01, and offers 0.001 for platforms that count that way. Pick the one yours shows.
How much is 1 pip of silver on 1 lot?
On a 5,000 ounce lot, $50 for a 0.01 pip and $5 for a 0.001 pip. On 0.01 lot that is $0.50 and $0.05.
How much does a $1 move in silver make?
$5,000 on one 5,000 ounce lot, $500 on 0.1 lot and $50 on 0.01 lot. Silver moves less in dollars than gold but each lot holds fifty times the ounces.
Other markets: US30 pip value, NAS100 pip value, US500 pip value, Oil pip value.
Not financial advice. Read the disclaimer
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