Futures
Access hundreds of perpetual contracts
CFD
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
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 40+ AI models, with 0% extra fees
Gold has fallen below $4,600, and it seems that this round number level hasn't provided much support recently. I just checked the market, and it's currently around $4,599.97, with a small intraday decline but a very clear direction.
The recent decline in gold is mainly driven by market sentiment, possibly related to the strengthening of the US dollar. Friends who have been paying attention to gold over the past week should have felt this; this price level indeed shows no signs of defense.
In the short term, the downward trend in gold may continue, and if the next support level breaks, it could go further down. It feels like the volatility in precious metals has been quite large lately, so traders should pay more attention to risks.