The increase comes amid higher volatility in precious metals following geopolitical tensions.
Cryptocurrency exchange MEXC has reported a sharp increase in trading activity in its precious metals futures market, with gold-linked futures recording a significant rise in volume. The rise in activity followed increased volatility in global precious metals markets The exchange reported that the trading volume for GOLD (XAUT) USDT futures increased by 123% on 3 rd March compared with 27 February. The company said the rise in activity followed increased volatility in global precious metals