Wu Blockchain reports that CryptoQuant analyst Darkfost shared that Binance's Gold Perpetual Futures (XAU) have seen their average weekly trading volume surpass $12.3 billion, marking a roughly 224% increase from $3.8 billion in April this year. Recently, daily trading volume even hit $3.5 billion at one point. Since Binance launched gold futures, the cumulative derivatives trading volume has approached $320 billion. Darkfost noted that although gold prices have once dropped nearly 30% from a high of around $5,595, global economic and geopolitical uncertainties continue to drive investors to seek gold exposure. The ongoing pressure in the crypto market has also led some traders to pivot toward gold-related derivatives. https://www.(wublock123.com)/news/binance-gold-futures-weekly-volume-12-3billion-70396