London Silver generally trades at lower price figures than London Gold. Accordingly, many users new to silver markets feel unfamiliar with its decimal-place movements.

To calculate the monetary value of one point for London Silver, you first need to know the ounce size per lot and its minimum price fluctuation.

On Lucky Gold, one standard lot of London Silver equals 5,000 troy ounces, with a minimum price fluctuation of USD 0.001 and a minimum trade size of 0.01 lot.

1. Monetary Value of One Point for 1 Lot of London Silver

Treat USD 0.001 as one minimum price point. For one lot: USD 0.001 × 5,000 troy ounces = USD 5

Therefore, every USD 0.001 price move for one lot of London Silver generates approximately USD 5 in profit or loss. A USD 0.01 price change corresponds to roughly USD 50 per lot.

2. Monetary Value of One Point for 0.1 Lot

0.1 lot equals 500 troy ounces.

Calculation: USD 0.001 × 500 troy ounces = USD 0.50

In other words, each minimum-point price movement for 0.1 lot of London Silver brings about USD 0.50 in profit or loss.

3. Monetary Value of One Point for 0.01 Lot

Lucky Gold supports a minimum trade size of 0.01 lot for London Silver.

0.01 lot represents 50 troy ounces: USD 0.001 × 50 troy ounces = USD 0.05

When trading 0.01 lot, each minimum-point shift in London Silver produces approximately USD 0.05 of profit or loss.

4. Profit-and-Loss for a USD 0.10 Price Move

If the market moves by USD 0.10 instead of the minimum increment of USD 0.001, monetary swings become substantially larger.

Calculation results: - 1 lot ≈ USD 500 - 0.1 lot ≈ USD 50 - 0.01 lot ≈ USD 5

When computing London Silver price movements, always confirm both the size of market shift and your actual trading lot size.

5. How to Calculate London Silver Spreads

The base spread for London Silver on Lucky Gold is USD 60 per standard lot, with zero commission.

Pro-rata conversion across lot sizes: - 1 lot ≈ USD 60 - 0.1 lot ≈ USD 6 - 0.01 lot ≈ USD 0.60

Note that spread cost is a separate concept from “monetary value per point”. Value per point refers to profit-and-loss generated by price volatility, while spread represents the gap between bid and ask quotes.

6. Do Not Apply Gold’s Point-Value Formula to Silver

On Lucky Gold, one lot of London Gold is 100 troy ounces with a minimum price fluctuation of USD 0.01. One lot of London Silver is 5,000 troy ounces with a minimum price fluctuation of USD 0.001.

Due to differences in contract size and price precision, you cannot directly reuse London Gold calculation logic for London Silver.