Gate XAUT (Gold) contract 24-hour trading volume surpasses $489 million, ranking third globally

ChainCatcher Message: After experiencing a sharp correction over the weekend, the international gold market has shown a clear trend of oscillation and recovery today. The digital gold asset XAUT has also regained popularity, rising from the weekend lows to around $4,845, with a daily increase of approximately 3.7%. This indicates that investors’ demand for digital gold assets remains strong during the gold price correction and recovery period.

According to Coinglass data, Gate XAUT (Gold) contracts’ 24-hour trading volume exceeded $489 million, a significant increase of 136.39% week-on-week, ranking third globally. Gate has fully launched traditional financial trading sections for precious metals, stocks, forex, commodities, and indices in the contract sector, covering various trading targets including gold, silver, crude oil, euro, British pound, Dow Jones Industrial, Hang Seng Index, and more. It supports 24/7 trading with leverage up to 100x, continuously providing users with a seamless trading experience combining crypto and traditional financial assets.