March Trading Volume Overview 2024
Total Trading Volume: USD 95.56 billion
Most Popular Products: XAU/USD, EUR/USD, GBP/USD
XAU/USD saw the highest trading volume at USD 67.11 billion.
XAU/USD saw the highest increase, an increase of USD 22.60 billion or 50.70%.
According to the report, Doo Prime’s total trading volume in March 2024 is valued at USD 95.56 billion, an increase
of 35.04% from the previous month. Furthermore, March’s average daily volume (ADV) is USD 3.08 billion, an
expansion of 26.33% from February.
The global gold market has been active recently, with gold prices reaching record highs, attracting many investors to
invest in gold. This gold price spike was supported by various reasons, including geopolitical tensions and the
announcement of US Monetary policy. Furthermore, the increase in gold reserves by the central banks and market
concerns about inflation have caused investors to enter the gold market due to risk aversion.
This has also led XAU/USD to be not only the product with the highest volume in March, but also the product with the
greatest increase in trading volume.
Since the beginning of 2024, Doo Prime’s trading volume has been in a stable state. Year to date, Doo Prime’s total trading
volume is valued at USD 248.78 billion, an expansion of 13.80% as compared to the same period last year.
According to the recorded data, XAU/USD, EUR/USD, and GBP/USD were the investors’ top picks, contributing 84.25% of
March’s total trading volume. Among them, XAU/USD has the highest monthly trading volume at USD 67.11 billion; while
EUR/USD and GBP/USD have a total monthly trading volume of USD 13.41 billion.
Besides, XAU/USD has the largest growth in the monthly trading volume, an increase of USD 22.60 billion or 50.70% as
compared to February.
As an internationally leading online brokerage group, Doo Prime continues to show a strong momentum in the trading volume.
In the future, Doo Prime will continue to develop a global FinTech system and build a comprehensive financial ecosystem,
striving to lead the FinTech transformation in this era, ensuring that its clients are at the forefront of the industry.