The pullback in gold prices has attracted investors to enter the market for bargain hunting, and the trading volume of Gate XAUT contracts continues to rise

Recently, gold prices have retreated from their highs, with short-term volatility increasing, but overall participation from funds remains strong. A large number of investors are choosing to actively enter the market during the pullback phase to position themselves for long-term value, with continued attention on the pullback market driving significant volume in related contracts.

According to CoinGlass data, the trading volume of XAUT (gold) contracts has increased over the past 24 hours, with the Gate platform's XAUT contract achieving a 24-hour trading volume of $240 million, ranking third in the industry, with a growth rate of 268.40%, placing it second. This indicates that funds are concentrating on high liquidity platforms during volatile market conditions.

Currently, Gate has fully laid out its core gold assets, covering spot, contracts, ETFs, flash exchanges, copy trading, and trading bots, among others. Among them, Gate TradFi has officially ended its public beta today and opened access on the App and Web platforms, offering trading of traditional financial asset contracts for difference (CFD) including metals, forex, indices, commodities, and some popular stocks, covering mainstream varieties such as gold, silver, NASDAQ (NAS100), and S&P 500 (SPX500), with a maximum leverage of 500 times. In addition, the platform will officially launch the TradFi launch celebration event from February 2 to 22, where participants can share a total prize pool of $150,000 by engaging in trading.