Gold and Index - clarification between points and stock indexes

Yung_97 2023.06.27 06:53

What is the relationship with between points and pips for Gold and stock index's?

One gold pip equals how many points? One spx pip equal how many points?

Sergey Golubev 2023.06.27 06:56 #1

Sergey Golubev, 2014.01.06 18:38

What is the Pip Cost for Gold and Silver?

Gold: Symbol XAU/USD
The pip cost for 1 ounce of Gold (minimum trade size) is $0.01 per pip.
Silver: Symbol XAG/USD
The pip cost for 50 ounces of Silver (minimum trade size) is $0.50 per pip

Sergey Golubev, 2016.03.23 17:12

Example with GOLD (XAU/USD): 1221.39 - 1218.02 = 337 pips

Question About Pips Forecast for Q1'16 - Press review

Yung_97 2023.06.27 14:39 #2

thank you.

In the MT5 terminal, the distance is expressed in points not pips.

Sergey Golubev 2023.06.27 14:41 #3

Yung_97 #:

thank you.

In the MT5 terminal, the distance is expressed in points not pips.

Yes, the distance in Metatrader chart is in points.