August Trading Volume Overview 2023  

Total trading volume: USD87.59 billion  

Most popular products: XAU/USD, EUR/USD, GBP/USD  

XAU/USD saw the highest trading volume at USD63.52 billion 

XAU/USD saw the highest increase, up USD1.79 billion or 2.90% 

According to the report, Doo Prime’s total trading volume in August 2023 sits at USD87.59 billion, a slight decrease 

of 4.79% from the previous month. On top of that, the average daily volume (ADV) in August was USD2.83 billion, 

a decrease of approximately 4.79% from July.    

Doo Prime’s trading volume increased significantly in July as investors purchased gold amid fears of a global recession 

and risk aversion. In August, as various important economic data were released and the hawkish statements from the 

Federal Reserve strengthened market expectations of a tightening cycle, the market adopted a wait-and-see attitude, 

resulting in a slight decrease in trading volume for the month of August. Since the beginning of 2023, Doo Prime has 

shown a stable trend overall. To date, Doo Prime’s total trading volume reached USD631.96 billion, an increase of 

approximately 44.10% compared to the same period last year. 

According to the data, XAU/USD, EUR/USD, GBP/USD were the top choices for traders during the month, accounting for 

85.80%. Among them, XAU/USD recorded the highest monthly trading volume of about USD63.52 billion, while EUR/USD 

and GBP/USD had a total monthly trading volume of about USD11.63 billion.      

In addition, XAU/USD saw the highest trading volume growth, an increase of USD1.79 billion or 2.90% compared to July.   

As an industry-leading online broker, Doo Prime has been showing strong momentum in terms of trading volume. Doo Prime 

aspires to continuously build a global financial technology system and a comprehensive financial ecosystem. Doo Prime will 

strive for excellence through its journey of leading the new fintech era, keeping its clients at the forefront in the industry.