According to the trading activity recorded on high-growth investment trading platform Capital.com, trading in popular meme stocks and cryptocurrencies has dropped month-to-date, while trading derivatives on gold has seen a resurgence.
In the first two weeks of July 2021, gold was the most traded market by clients on Capital.com globally. Gold remained the top-traded market for seven out of 11 trading days this month (between 1-15 July 2021). This marks a significant shift in trading behaviour from the previous month where trading activity in gold was less popular compared to trading activity in so-called meme stocks and cryptocurrencies.
In June, Gold …
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