The pip value for GOLD is calculated by the trading volume.
Therefore, the pip value will be equal to $1 in the trade of 1 lot; while in the trade of 10 lots 1 pip will be equal to $10, etc.
* The tick size for #GOLD is 10 pips.
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The pip value for GOLD is calculated by the trading volume.
Therefore, the pip value will be equal to $1 in the trade of 1 lot; while in the trade of 10 lots 1 pip will be equal to $10, etc.
* The tick size for #GOLD is 10 pips.