Free Gold Trading Calculators

How to use these calculators

These free tools are designed to be used together as part of a disciplined trading routine. Start with the Position Size Calculator: enter your account balance, the percentage you are willing to risk (1% is a sensible default), and your planned entry and stop-loss prices. The calculator returns the exact lot size that keeps your risk within your limit — removing the guesswork that leads most beginners to over-trade.

Next, use the Risk-to-Reward Calculator to confirm the setup is worth taking. A ratio of 1:1.5 or higher means your potential reward outweighs your risk, which allows you to be profitable even if you win fewer than half your trades. Finally, the Profit & Loss Calculator lets you preview the dollar outcome of a trade at different exit prices, so there are no surprises.

All calculations assume a standard gold contract of 100 ounces per lot, where a $1 move in price equals $100 profit or loss per full lot. Because some brokers use different contract sizes, every calculator lets you adjust this value. Always confirm the exact specification with your own broker. To understand the theory behind position sizing and stops in depth, read our gold risk management guide, and to see live trade ideas with ready-made entry, stop, and target levels, open the Gold Signal Bot.