I'm trying to figure out the number of pips in XAU. I understand that pips are used to measure price movements in forex trading, but I'm not sure how it applies to XAU specifically. Can someone clarify this for me?
5 answers
CherryBlossomPetal
Sat Dec 21 2024
The pip size for XAUUSD is set at 0.01.
henry_harrison_philosopher
Fri Dec 20 2024
At the moment, the price of XAUUSD stands at 2660.61.
KatanaSword
Fri Dec 20 2024
In this context, the digit 3 in the price has a specific meaning.
SeoulSerenitySeeker
Fri Dec 20 2024
It signifies that the price has moved by 3.0 pips.