How do I calculate lot size for gold?

Lots equal your cash risk divided by the stop distance in dollars per ounce multiplied by the contract size. $10,000 at 1% risk with a $4.50 stop on 100 ounces is 0.22 lots.

What lot size should I trade gold with on a $1,000 account?

At 1% risk and a realistic $5 gold stop, about 0.02 lots. Anything above 0.05 lots on that balance is a leverage decision rather than a risk decision.

Should the spread be included in the stop distance?

Yes. Gold spreads widen at rollover and around US data, and the spread is paid in the same dollars per ounce as the loss.

Is 1% risk per trade too much on gold?

For most retail accounts trading a metal that can travel $40 in a session, 0.25% to 0.5% is the safer band.

Gold Lot Size Calculator for XAUUSD Risk

Lots equal cash risk divided by the stop distance in dollars per ounce multiplied by ounces per lot. On a 10,000 dollar account risking 1 percent with a 4.50 dollar stop on a 100-ounce contract, that is 0.22 lots.

Add the spread and any commission to the stop distance before sizing, set the stop from recent gold volatility rather than from comfort, and round the resulting lot size down. Position sizing failure, not strategy failure, ends most gold accounts.