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Silver (XAG/USD) Profit & Loss Calculator (2026)

Calculate exact profit or loss from entry, exit, direction and lot size. Pre-loaded for Silver.

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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.

Profit & Loss Calculator Formula

P&L = (Exit − Entry) ÷ Pip Size × Pip Value × Lots

Example (XAG/USD): Buy 0.03 lots at 61.130, sell at 62.410: 1,280 pips × $0.15 = +$192.00

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.

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