To work out pips in gold, start by identifying the quote convention of your trading platform (the symbol’s pip size). In many gold CFDs, one pip equals the smallest price move shown by the instrument, so the pip value depends on that incremental step. Confirm the pip size in your platform’s contract specifications before calculating anything.
Next, measure the price change: subtract the entry price from the exit price for a long position (reverse the subtraction for a short). Convert that difference into pips by dividing by the pip size. For example: pips = (price change ÷ pip size). If you want the monetary value, multiply the pip count by the pip value per lot shown in your account details (then adjust for your position size).