🗞️ Gold felt 30% while Binance futures volumes hit $12.3B a week Since the start of the year, gold has corrected by up to 30% after hitting a high of $5 595. The economic and geopolitical backdrop continues to push investors toward this asset, seen as a way to protect capital in times of uncertainty. As a result, the closer the price gets to $4 000, the more futures volumes on Binance keep rising. On a weekly average, XAU volumes on the platform now exceed $12.3B, compared with $3.8B in April. A few days ago, $3.5B were even traded in just 24 hours. Since gold trading launched on Binance, nearly $320B in derivatives volume has been traded. Like commodity investors, crypto investors are increasingly gaining exposure to these tokenized hard assets, either to protect their capital or to put it to work, while the crypto market struggles further.