The volatility of gold prices drives active trading. GateXAU contract positions rank second in the world

As the trading heat in the gold market continues to heat up, the activity of related derivatives markets has further increased. According to CoinGlass data, gold (XAU) contract positions across the network reached US$880 million, of which the Gate platform held approximately US$238 million, ranking second on global exchanges. At the same time, TetherGold (XAUT) contract positions across the network reached US$528 million, and Gate platform positions were approximately US$118 million, ranking third on global exchanges.