Gold and Index - clarification between points and stock indexes

 

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?

 

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Sergey Golubev, 2014.01.06 18:38

What is the Pip Cost for Gold and Silver?


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

 

thank  you.

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

 
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.