Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Baosheng Bank: Gold prices may come under further pressure due to some central banks selling reserves
An analyst at Poxing Bank, Carsten Menke, said that gold is facing additional pressure from central banks selling their reserves, but he still remains optimistic in the long term. Menke said that since the outbreak of the Iran war, Turkey has sold about 54 tons of gold to support the lira, and in addition, Poland is also considering selling gold. He pointed out that forced selling is more concerning than voluntary rebalancing because the former lacks a certain degree of controllability. He expects volatility to remain elevated in the short term.