Gold prices pull back, attracting investors to buy the dip; Gate XAUT contract trading volume continues to rise.

XAUT-2,62%

ChainCatcher Message, recently gold prices have retreated from highs, with short-term volatility increasing, but overall capital participation remains strong. A large number of investors are actively entering the market during the pullback to position for medium- and long-term value, with continued attention from funds to the pullback trend, driving significant volume in related contracts.

According to CoinGlass data, in the past 24 hours, XAUT (gold) contract trading volume has increased, with Gate platform’s XAUT contract 24-hour trading volume reaching $240 million, ranking third in the industry, with a 268.40% increase, ranking second, indicating that funds are concentrating on high-liquidity platforms during volatile markets.

Currently, Gate has fully deployed core gold assets, covering spot, contracts, ETFs, flash exchanges, copy trading, and trading bots. Among them, Gate TradFi officially completed public testing today and opened app and web access, offering traditional financial asset CFD trading such as metals, forex, indices, commodities, and some popular stocks, including gold, silver, NAS100, S&P 500 (SPX500), and other mainstream products, with leverage up to 500x. Additionally, the platform officially launched the TradFi launch celebration event from February 2 to 22, where participating in trading can share a total prize pool of $150,000.

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