Spread Cost Calculator XAU/GBP
Using estimated rate
Calculate spread cost for XAU/GBP
Inputs
Get pip value
For {pair}, approximately {value} per standard lot XAU/GBP = $1.00
= $1.00
Multiply spread by pip value
0.35 pips × $1.00
= $0.35
When calculating XAU/GBP spread costs: XAU/GBP uses 2-decimal pricing (0.01 per pip) since GBP is valued in hundreds per unit. Contract size: 100 units. Typical spreads: 30-45 pips.
Frequently Asked Questions
What is the typical spread for XAU/GBP?
XAU/GBP is a commodity pair with spreads typically ranging from the broker average. Major pairs have tighter spreads, while exotics and commodities have wider spreads.
How does spread cost affect my XAU/GBP trades?
Spread is an immediate cost on XAU/GBP trades. For 2-decimal pricing, a 1 pip spread on 1 lot costs approximately $10 for USD-quoted pairs.
When is the best time to trade XAU/GBP for lower spreads?
Spreads on XAU/GBP are typically lowest during high liquidity periods when both XAU and GBP market sessions overlap. Avoid trading during low liquidity or news events.