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 Suffers Biggest One Day Drop Since March
Gold plunged 3.3% on Friday, falling $148 to $4,353.90 after a surprisingly strong U.S. jobs report crushed expectations for a near term Fed rate cut.
What happened?
• May payrolls: 172,000 vs 88,000 expected
• Unemployment held at 4.3%
• Previous months were revised sharply higher
• U.S. Dollar Index reclaimed the 100 level
Stronger economic data reduces pressure on the Fed to cut rates. Higher for longer rates and a stronger dollar are typically bearish for gold.
The technical damage was significant:
• Gold fell below its 200-day moving average
• First close below that level since November 2023
• Gains made during 2026 were effectively erased
Markets were positioned for easier monetary policy. Friday's jobs report forced a rapid reset of those expectations, shifting momentum away from gold and back toward the dollar
#BitcoinETFSees7272BTCOutflow #GatePartnersWithAlpacaToBridgeCryptoAndStocks $XAUT