How does the trading volume of gold futures on the CME exchange compare to the trading volume of cryptocurrencies?
Bhauraj BiradarNov 28, 2021 · 3 years ago3 answers
In terms of trading volume, how does the trading volume of gold futures on the CME exchange compare to the trading volume of cryptocurrencies?
3 answers
- Nov 28, 2021 · 3 years agoThe trading volume of gold futures on the CME exchange is typically much higher compared to the trading volume of cryptocurrencies. Gold futures have been traded for decades and are considered a traditional investment option, attracting institutional investors and traders. On the other hand, cryptocurrencies are a relatively new asset class and their trading volume, although significant, is still lower compared to gold futures. However, it's important to note that the trading volume of cryptocurrencies has been growing rapidly in recent years and they have gained significant popularity among retail investors and traders.
- Nov 28, 2021 · 3 years agoWhen it comes to trading volume, gold futures on the CME exchange usually outshine cryptocurrencies. Gold has been a trusted investment for centuries and its futures contracts are widely traded by institutional investors and speculators. Cryptocurrencies, on the other hand, are a newer form of investment and their trading volume, while impressive, is still catching up to the established gold futures market. However, it's worth mentioning that the trading volume of cryptocurrencies has been steadily increasing, indicating a growing interest and adoption among retail investors and traders.
- Nov 28, 2021 · 3 years agoAs an expert in the field, I can confidently say that the trading volume of gold futures on the CME exchange is significantly higher than the trading volume of cryptocurrencies. Gold has always been a popular investment choice and its futures contracts attract a large number of institutional investors and traders. Cryptocurrencies, although gaining popularity, still have a relatively smaller trading volume compared to gold futures. However, it's important to note that the trading volume of cryptocurrencies has been growing rapidly in recent years, indicating a shift in investor preferences and a potential future competition with traditional investment options like gold futures.
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