Cryptocurrency Q&A
What is 0.01 lot size in gold?
What is 0.01 lot size in gold?
EclipseRider
Tue Dec 10 2024
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6 answers
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I'm trading gold and I encountered a term called '0.01 lot size'. I'm not sure what it means in the context of gold trading. Can someone explain this to me?
6 answers
CryptoChampion
Thu Dec 12 2024
On the other hand, a mini lot is a smaller trading unit.
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KimchiQueenCharm
Thu Dec 12 2024
A mini lot of 0.1 corresponds to 10 ounces of gold.
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MysticInfinity
Thu Dec 12 2024
For traders who prefer even smaller increments, there is the micro lot.
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HanbokGlamourQueenElegance
Thu Dec 12 2024
A standard lot in trading represents a significant quantity of gold.
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Michele
Thu Dec 12 2024
Specifically, a standard lot of 1.0 equates to 100 ounces of gold.
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