What does it mean X pair fell by Y dollars?

I see tutorial videos of forex trading they say “So this pair here falls by 10 dollars…now here gold fell by 20 dollars”

What means by falling dollars ? Is it 1 pip = 1 dollar ?

That doesn’t make sense.

When [I][B]currency pairs[/B][/I] rise or fall in price, the change is stated in terms of pips, not dollars.

Please post the video where you heard that.

That [I]does[/I] make sense. [I][B]Gold[/B][/I] is priced in dollars per ounce.

If the price of gold falls by $20/ounce, it would be perfectly correct to say that gold fell by $20.

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