On April 13, XAU (gold contract) was trading at $4,717.28, down 0.56% over the past 24 hours. With the breakdown of the U.S.-Iran negotiations, market volatility has intensified; trading volume reached $1.34B, up 504.45% from last month. Liquidity is primarily concentrated across three centralized exchanges.

April 13, XAU is currently quoted at $4,717.28, down 0.56% over the past 24 hours. Geopolitical developments have affected trading activity, driving fluctuations in volume. Total trading volume for XAU futures across the entire network reached $1.34B, up 504.45% month-over-month. Liquidity on centralized exchanges is mainly concentrated on three leading platforms.

Gate News reports that on March 23, Coinglass data shows that gold (XAU) experienced liquidations of $25.566 million over the past 24 hours, of which long liquidations were $22.4778 million and short liquidations were $3.1171 million. The largest single liquidation occurred on a certain CEX with an amount of $7.1 million.

Market expert Benjamin Cowen stated that Bitcoin is unlikely to attract capital inflows due to a gold price pullback. Bitcoin and gold prices show high correlation in volatility, with Bitcoin recently declining from $76,000 to $70,000, while gold plummeted 8.54%. Although Bitcoin's price performance against gold demonstrates resilience, Cowen pointed out that market rotation has not yet occurred, and investors need to monitor Bitcoin's support levels to assess risks.

Gate News Report, March 11 — According to CoinGlass data, the total 24-hour trading volume of XAU contracts across the entire network reached $1.537 billion, a 1.11% increase compared to the previous period. Among centralized exchanges, liquidity is mainly concentrated on leading platforms, with the top three exchanges by 24-hour trading volume being $1.011 billion, $170 million, and $124 million respectively.

Aurelion launches the AI Agent module, providing 24-hour digital gold (XAU₮) trading capabilities. Users can issue commands in natural language to enable rapid strategy deployment. Future plans include expanding more features and hosting trading competitions to promote the development of the on-chain gold trading community.

ChainCatcher reports that on February 25th, gold prices briefly surged past $5200, with silver also rising simultaneously. Gate TradFi introduced an adjustable leverage trading mechanism for gold, adding multiple low-leverage options, enriching trading tiers, and enhancing risk management flexibility. It also supports trading in silver and various traditional financial assets.

The gold market is fluctuating at high levels, with today's gold price at $5,034.53, up 0.61%. The total trading volume of gold contracts across the network reached $924 million, with open interest increasing to $231 million. Gate Exchange is active, launching a metals contract sector, offering 24-hour trading and USDT settlement, supporting trading of multiple asset classes.

February 3 News, stablecoin giant Tether announced a partnership with Opera's self-custody wallet MiniPay, further expanding the use cases of USDT and Tether Gold (XAU₮) in emerging markets. Following the announcement, Opera's stock price surged nearly 18% intraday and closed with a double-digit gain, indicating strong market recognition of this crypto payment strategy. According to the announcement, MiniPay users can now send, receive, and hold USDT directly, as well as convert some of their balances into XAU₮ as a digital gold hedge against inflation and local currency devaluation. MiniPay operates on the Celo blockchain and primarily targets mobile-first regions such as Africa, Latin America, and Southeast Asia. In the fourth quarter of 2025 alone, user growth in these regions for the wallet reached 50%.

On the Pacifica platform, on-chain gold PAXG and silver XAU contract trading are active, with a total trading volume of $8.71 million and open interest of $5.03 million. Leading traders are generally profitable, and users can follow their trades and accumulate points through the Coinbob tool.