Calculating pips for gold is easy to process in MT4 when traders trade in lots. If you are a Metatrader trader and you trade 1 lot XAUUSD profitable trade from 1800 till 1801 or 100 pips, then you will earn $100.
So 1 pip in XAUUSD, for 1 lot trading size is worth $1 in MetaTrader.
Gold pip calculator represents the simple calculation of earnings based on trading size and trading pips when traders trade Gold instrument. The gold pip profit calculator is presented below.