How many ounces are gold and silver spot contracts equal to? Customer Support 28 June 2024 08:17 Updated Gold spot contract: 1 lot = 100 Ounces.Silver spot contract: 1 lot = 5,000 Ounces. Related articles How to calculate the margin required for gold and silver spot contract? Do gold and silver spot contracts have validity periods? What are the trading hours for spot gold and silver? What is the difference between Brent Crude Oil (XBRUSD) and West Texas Crude Oil (XTIUSD)? What causes slippage in the market price?