According to CoinMeta, Gate XAU contract trading and holding volumes remain among the top two in the industry amidst the recovery of the gold market. On August 6th, influenced by the slowdown in U.S. employment data leading to expectations of interest rate cuts and central banks' increased purchases, gold ($XAU) reached $4,236.78, with a 24-hour increase of 3.15%; XAUT also rose to $4,244.5, with a 24-hour increase of 3.19%. In addition, the 24-hour trading volume for Gate XAU contracts reached $255 million, and the holding volume amounted to $309 million, firmly placing it among the top two in the industry. Tether Gold ($XAUT) held a volume of $147 million, also ranking among the top three in the industry.