The quotation of XAUUSD?

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PeterBocan 2016.06.05 14:27
 
Hello guys, I wonder, how is quoted XAUUSD? What size is 1 lot of XAUUSD? It's 100,000 units in price? 
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GumRai 2016.06.05 14:38 #
 
It's normally quoted in ounces, 1 lot can be 100 ounces, but may differ from broker to broker. Open the market watch window, right click on Gold and click specification. There you can see the contract size.
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