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XAUUSD Swap Calculator — Measured Overnight Fees & Holding Cost

This XAUUSD swap calculator answers a question most gold traders only ask after their first statement arrives: what does it cost to hold this position overnight — and for a month? It uses swap rates measured on our own MT5 accounts (not copied from a published table), counts the triple-swap day for you, and compares brokers side by side.

What this calculator shows you
  • Swap per night: the measured overnight fee (or credit) for your lot size and direction
  • Charged nights breakdown: regular nights ×1, triple-swap day ×3, weekends ×0
  • Total holding cost: for your full period, in USD and your account currency
  • Auto-fill from broker: select your broker and the latest measured swap is filled in automatically — no manual lookup needed

Margin is the cost of opening a position, profit is the result of closing it — swap is the cost of keeping it. For the other two sides, see the XAUUSD Margin & Pip Value Calculator and the XAUUSD Profit Calculator.

▼ Enter your position to estimate the holding cost
Broker
Direction
Lot size
Holding period
(calendar days)
Swap per lot
per night (USD)
Account currency
USD →
Swap per night
Charged nights
Total swap (USD)
Total swap ()
Per 30 days
(reference)

For what one lot of gold actually is — contract size, margin, pip value — start with XAUUSD 1 Lot Price. To see what the same position wins or loses when price moves, use the profit calculator.

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How gold swap is calculated

Swap (the overnight fee) is charged once per trading night at your broker’s rollover, with one weekday charged at triple rate to cover the weekend. The math is short; what surprises traders is how fast it compounds over a month.

The holding-cost formula

Total swap = swap per lot per night × lots × charged nights
Charged nights = regular weekday nights ×1 + the triple-swap day ×3 + weekends ×0.

Example with our measured data: holding 1 lot long for 30 days from a Wednesday gives 17 regular nights + 5 triple days = 32 charged nights. At a measured −$99.43 per night that is −$3,181.76; at −$51.59 it is −$1,650.88 — same gold, same month, roughly half the bill. From what I’ve seen, traders check spreads obsessively and forget swap, yet on a 30-day gold position the swap bill is usually far bigger than the spread you paid to get in.

Why one day counts triple

Spot positions settle two business days forward (T+2). A position rolled over on the triple-swap day — Wednesday for gold at the brokers we measure — has its settlement pushed across the weekend, so three days of financing are charged at once. Weekends themselves charge nothing.

If you are the type of trader who opens positions mid-week and holds for “a few days”, check which weekday the triple charge lands on before you enter — crossing it twice in a 10-day hold changes the bill more than most people expect.

Why we measure instead of quoting tables

Brokers publish swap in different units (points of different sizes, money, or percent), and they adjust the values day to day. Honestly, published swap tables age fast — that is why this tool reads the value measured on our own MT5 accounts, converts it to USD per lot per night, and shows you the measurement date instead of a copy-pasted number of unknown vintage.

Frequently asked questions

When is swap charged on XAUUSD?

Once per trading night, at your broker’s rollover time (around server midnight). No swap is charged on Saturday or Sunday nights — instead one weekday is charged at triple rate to cover the weekend.

Why do brokers show such different swap numbers for gold?

Mostly units. One broker may quote swap in 0.001-sized points, another in 0.01-sized points, a third in money. A raw “−515.9” next to a “−99.4” tells you nothing until both are converted to money per lot per night — which is exactly what this calculator does with measured values.

Can I earn positive swap on gold?

Sometimes — short positions occasionally pay a small credit (our measurements have shown around +$11 per lot per night on one broker), and some directions are simply swap-free. Personally, I would not hold gold just to collect swap: one night of normal price movement can easily exceed a month of swap credit.

How accurate is this estimate?

It uses the swap value measured on the shown date and a standard weekday/triple-day calendar. Brokers change swap daily and pause rollover on some holidays, so treat the result as a realistic estimate, not an invoice. For long holds, re-check the measured value as your position ages.

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Author

KIKUCHIYUKI Director

Kikuchi is the director of this website, managing more than 300 pieces of content published on https://tr-mate.com/
. With over 10 years of investment experience, he has built a stable track record as an individual investor. He possesses extensive knowledge covering FX, the stock market, and precious metals investment, and creates analytical, research-based content grounded in his own investment experience. He has lived overseas for nearly 10 years and speaks English, Chinese, and Japanese. You can visit the Japanese website I operate from the icon below.

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