24-hour gold contract turnover increased by 50%. Binance, OKX and Bitget together accounted for approximately 80% of the total

Against the background of a short-term decline in spot gold and intensified market volatility, the transaction volume of XAU contracts has been significantly enlarged. According to CoinGlass data, the current price of XAU is US$4,573.68, down 2.52% in the past 24 hours; during the same period, the 24-hour transaction volume of XAU contracts across the network reached US$2.370 billion, a month-on-month increase of 50.52%.<br /> Among centralized exchanges, XAU contract turnover is concentrated on the head platform, with Binance, OKX and Bitget ranking among the top three. Its 24-hour turnover was US$1.404 billion, US$257 million and US$227 million respectively, accounting for approximately 80% of the market share.