gold

According to Jinshi reports, Goldman Sachs analysts pointed out that investors' risk appetite has rebounded to pre-Iran war levels. With bets that the worst-case scenario of a U.S.-Iran war will not occur, stock market volatility has significantly decreased. Retail investors in the U.S. have re-entered the stock market, and automated trading has also driven the stock market up. In the four weeks ending last Wednesday, investors withdrew nearly $125 billion from safe-haven money market funds, marking one of the largest outflows on record.

International gold and silver prices are fluctuating at high levels. According to data from the Gate platform, the current price of gold (XAU) is $4,724.38; the current price of silver (XAG) is $76.47. Despite signs of a temporary easing in the international situation, market risk aversion remains strong, driving active trading and positions in related contracts.According to CoinGlass data, the 24-hour trading volume of Gate XAU contracts reached $41.85 million, an increase of 745.48% compared to the previous period, with a position size of $18.87 million, ranking first in the industry; the 24-hour trading volume of Gate XAG contracts reached $31.89 million, a significant increase of 3429.96%, with a position size of $16.51 million, also ranking among the top in the network. In the context of high-level fluctuations, Gate's trading activity has rapidly increased.Gate has pioneered the metal contract trading sector, providing 24/7 uninterrupted trading, offering users greater strategic flexibility and asset management efficiency in volatile markets. Gate contracts cover various traditional financial assets, including stocks, metals, foreign exchange, indices, and commodities, supporting trading in core targets such as gold, silver, and globally popular stocks. Gate continues to build a more efficient and professional multi-asset one-stop trading platform for global users.

According to the Hong Kong Wen Wei Po, the Hong Kong police have disclosed the resolution of a cross-border phone scam case, where a criminal group impersonated mainland officials, specifically targeting mainland students studying in the UK and Australia.The scammers falsely claimed that the victims were involved in criminal cases such as money laundering and demanded their "cooperation in the investigation." They instructed the victims to travel to Hong Kong to purchase gold grains in multiple transactions at jewelry stores as "collateral," with each transaction not exceeding HKD 120,000 to evade the registration system of gold shops. The group members then collected and transferred the stolen goods. The gold grains were subsequently melted down into gold bars or exchanged for cash and virtual currency. The police have currently received a total of 7 related cases, involving approximately HKD 7 million, with the highest single case loss reaching HKD 1.6 million.

The newly appointed chief economist of New Fire Group, Fu Peng, stated on Twitter that the underlying business model of Bitcoin perpetual contracts is essentially the same as the "rollover fee/overnight fee" in traditional finance's gold and industrial commodity spot exchanges.Fu Peng pointed out that back in the day, gold exchanges settled through daily forced liquidation, with longs and shorts paying each other rollover fees. When retail investors held a large number of high-leverage long positions, the rollover fee became the most stable and hidden source of income for the platform. Nowadays, Bitcoin spot platforms mainly rely on perpetual contracts, with both sides settling the funding rate every 8 hours. When longs dominate, retail investors holding long positions continuously pay funding rates to shorts.Although the platform does not directly collect this fee, it significantly enhances trading activity, open interest, and liquidity, indirectly generating a large amount of fee income and forming a stable and substantial cash flow. Essentially, it is a business model where large players/institutions "collect rent" from long-term holdings, retail investors pay for leverage to go long, and the platform indirectly takes a cut.

According to Prnewswire, Nasdaq-listed company Aurelion disclosed that it currently holds 33,318 Tether Gold (XAUT), with a holding value exceeding $157 million based on a price of $4,719.15 per ounce. Additionally, the company revealed that it has staked 10,000 XAUT, transforming the gold token from a mere reserve asset into a yield-generating collateral asset, while another 23,318 XAUT remain unstaked.

The address 0x90e...cBe54 withdrew 444 XAUT, worth approximately 2.08 million dollars, from Bitget 2 hours ago, suspected of re-entering the digital gold sector. This address previously accumulated 777 PAXG at an average price of 3301 dollars, then sold 555 at around 4655 dollars, making a profit of about 751,000 dollars. The remaining 222 PAXG are still held and have an unrealized profit of about 307,000 dollars, with a total profit exceeding 1.06 million dollars from both transactions.

According to Gate market data, U.S. stocks closed lower on Thursday, with the Dow Jones Industrial Average initially down 0.36%, the S&P 500 index down 0.4%, and the Nasdaq Composite index down 0.89%. Tesla (TSLA.O) fell 3.5%, and Nvidia (NVDA.O) dropped over 1%. The Nasdaq Golden Dragon China Index closed down 2.4%, with TAL Education Group (TAL.N) down 9%, and Alibaba (BABA.N) falling over 3%.

According to Gate market data, the US Dollar Index DXY rose nearly 20 points within 15 minutes, currently reported at 98.82; WTI crude oil and Brent crude oil briefly increased by 1.8 dollars, while spot gold fell nearly 30 dollars.

According to Gate market data, spot gold has fallen below 4700 USD/ounce, with a daily decline of 1.05%, currently reported at 4690.16 USD/ounce. Spot silver has a daily decline of 3.5%, currently reported at 74.94 USD/ounce.

According to CoinGlass data, the price of gold tokens is fluctuating upwards, with gold contracts XAUT_USDT and PAXG_USDT both breaking above $4700. Currently, XAUT is quoted at $4,682.15, and PAXG is quoted at $4,687.79. Although there has been a short-term pullback, the overall price remains in a high range, and market attention continues to increase.In addition, in terms of the spot market for gold (PAXG), Gate ranks among the top with a 24-hour trading volume of approximately $1.8846 million, with an increase of up to 99.87%, ranking first.Currently, Gate has fully deepened its TradFi layout, with the spot sector supporting trading in stocks and metals, and the contract sector covering diversified assets such as gold, silver, foreign exchange, and commodities. With a flexible USDT settlement mechanism and leverage of up to 100 times, Gate continues to assist global investors in achieving cross-market, round-the-clock asset allocation and risk management.

Aurise Foundation announced the launch of the yield-generating gold token XAUE on Ethereum, aimed at serving as a yield-bearing treasury for Tether Gold (XAU₮). XAUE is designed for compliant institutional participants, introducing crypto-native yields to traditional non-yielding gold through quantitative strategies and institutional lending, transforming it into a programmable and capital-efficient on-chain asset.Currently, ecosystem partners Aurelion and Antalpha have jointly contributed 16,052 XAU₮ (approximately 76 million USD) to XAUE. The protocol adopts an exchange rate growth model, where the gold value anchored by each XAUE increases as yields accumulate, and it will integrate with more decentralized finance protocols such as DEX in the future.

According to Gate market data, U.S. stock index futures and spot gold and silver have plummeted, while international crude oil prices have rapidly surged, with WTI crude oil's increase expanding to 4%.

According to the official announcement, Coinbase International has launched gold and silver perpetual contract trading.The announcement states that gold and silver perpetual contract trading is available for retail traders and institutions in selected jurisdictions.

According to Gate market data, the three major U.S. stock index futures opened higher on Wednesday, with Nasdaq futures rising 0.4%. Spot gold and silver also increased, with gold up 0.1% and silver up 0.5%.

According to Gate market data, spot gold has dropped 3% during the day, currently reported at $4,675.97 per ounce. At the same time, U.S. stocks have experienced a sharp decline in the short term.