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Silver (XAG/USD) Pip Value Calculator (2026)

Calculate the exact USD value of one pip for any lot size. Pre-loaded for Silver.

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Prices update from live market feeds, but your broker's quotes, contract sizes and spreads can differ — check them before placing a trade.

Currency Pair

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Lot Size

Spread

pips

Target $/pip (reverse)

USD/pip

Pip Value (USD)

$5.00

per 1-pip move

Pip size

0.001

Units

5,000 oz

$/pip per lot

$5.00

Spread Cost

−$6.00

per trade (1.2 pip spread × 1.00 lots). Paid once: you buy at the ask and close at the bid — not again on exit.

Pip Value by Lot Size — XAG/USD (Silver)

Lots	Type	Units	$/pip
0.01	Micro	50 oz	$0.05
0.10	Mini	500 oz	$0.50
0.50	½ Std	2,500 oz	$2.50
1.00← current	Std	5,000 oz	$5.00

Click any row to select that lot size

XAG/USD (Silver) — Typical Daily Range

Very High

ATR (20-day)

~1,500 pips

≈ $7,500.00 at 1.00 lots

Day Trade SL

375–600 pips

25–40% of ATR

Swing SL

750–1125 pips

50–75% of ATR

Moves ~1.5–2× gold in percentage terms. Indicative 20-day ATR — volatility rises sharply during NFP, CPI and central bank events.

Broker Cost Comparison — XAG/USD · 1.00 lots (round-trip)

Broker Type	Spread	Round-trip Cost	vs ECN
ECN / Raw Best overall for active traders	2.5 pip + $3.50/lot/side	−$19.50	✓ cheapest
STP / Zero Comm Good for low-frequency traders	27.5 pip	−$137.50	+$118.00
Market Maker Convenient, wider spread	42.5 pip	−$212.50	+$193.00
High-cost MM Avoid for frequent trading	62.5 pip	−$312.50	+$293.00

Indicative typical spreads. Round-trip cost = spread (paid once) + commission on both sides. Actual rates vary by broker and market conditions.

Pip Value Across All Pairs — 1.00 lots

Sorted by pip value descending. Click any row to select that pair. ECN commission = $3.50/lot.

Formula: pip size × contract size × lots × USD conversion rate

XAG/USD (Silver) at a glance

Pip Size

0.001

Pip Value (1 lot)

$5.00

Avg Spread

1.5–4 pips

Active Session

London, New York

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Quick Answer

On a standard silver lot of 5,000 troy ounces, one pip (0.001) is worth $5 — so a $0.10 move is 100 pips, or $500 per lot. Many brokers also offer 1,000 oz or 100 oz contracts, which scale the pip value down to $1 or $0.10; pick your broker's contract in the calculator above.

Pip Value Calculator Formula

Pip Value = Pip Size × Contract Size × Lots × USD Rate

Example (XAG/USD): 1 lot: 0.001 × 5,000 = $5.00 per pip

About XAG/USD — Silver / US Dollar

Silver trades as both a precious metal and an industrial input (solar panels, electronics), so it reacts to the same real-rate and dollar drivers as gold plus the global growth cycle. In percentage terms it typically moves considerably more than gold, which is why silver positions are usually smaller for the same risk.

Other Calculators for XAG/USD

XAG/USD Position Size XAG/USD Margin XAG/USD P&L XAG/USD Risk/Reward

Pip Value Calculator for Other Pairs

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