GAUCNH Pip Value Calculator
MetalsKnowing what one point of GAUCNH is actually worth, before you size a trade, is what this calculator answers — using GAUCNH's own real contract size and point value rather than a flat forex assumption.
How do I calculate pip value for GAUCNH?
At GAUCNH's stored contract size (100 units per lot), here's what one point of movement is worth at three common lot sizes.
Say a trader opens 0.50 lots of GAUCNH, with a stop loss 1341 points away and a take profit 2682 points away.
Why does pip value change between instruments?
Pip/point value depends on an instrument's own contract size convention and current price, not a universal rule. GAUCNH is worth $0.15 per point per lot at its stored contract size — a different contract size (common across brokers for metals) would scale that figure directly.
Why is pip calculation different for non-standard-decimal instruments like this one?
Most forex majors use a 4-decimal pip convention, but plenty of instruments don't: JPY pairs use 2 decimals, and GAUCNH uses its own quoting convention (one point here equals a raw price move of 0.01). This calculator uses GAUCNH's own real pip/point size rather than assuming the generic 4-decimal convention, which would silently miscount the move.
Conclusion
This only holds if 100 units per lot is actually your own broker's real contract size for GAUCNH — it's a figure that varies by broker, especially outside plain forex majors. Always confirm your own platform's GAUCNH specification (Market Watch, then Specification) before trusting a pip/point value for a real trade. See the difference between points and pips, Wikipedia's entry on percentage in point (pip) for the underlying concept, and real MT4 screenshots comparing pip value across different lot sizes.
Contract specification
Point value and minimum lot step vary by broker on index/CFD instruments — a mismatch here is a common, avoidable cause of an unexpectedly large loss. Confirm this instrument's contract specification in your platform before sizing a real trade.
Frequently asked questions
What is a pipette?
A pipette (fractional pip) is one-tenth of a pip — the fifth decimal place for most forex pairs, or the third decimal for JPY pairs.