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Record Gold Price Drives Half of BingX's $1 Billion TradFi Trading Surge
Crypto exchange BingX reported its traditional finance trading product surpassed $1 billion in 24-hour volume, with gold contracts accounting for more than half the total as the precious metal extended gains to test a record $4,722 per ounce. Gold trading on the platform exceeded $500 million within the 24-hour period, driven by heightened demand as geopolitical tensions pushed the metal up 2.6% on Tuesday. The rally came after President Trump threatened additional tariffs on European nations over control of Greenland, reigniting safe-haven buying across markets. BingX launched its TradFi product earlier this month, ... (full story)
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- Jan 20, 2026 7:08am Posted byMetals Industry180
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