November Trading Volume Overview 2023 

Total trading volume: USD 70.08 billion 

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

XAU/USD saw the highest trading volume at USD 49.02 billion 

EUR/USD saw the highest increase, an increase of USD 1.89 billion or 30.15% 

According to the report, Doo Prime’s total trading volume in November 2023 is valued at USD 70.08 billion, a slight 

decline of 3.73% from the previous month. Furthermore, November’s average daily volume (ADV) is USD 2.34 billion, 

a slight decrease of 0.52% from October. 

Investors’ risk aversion has gradually decreased as the US economy slowed down and the inflation pressure declined. 

Furthermore, the market predicts that the Federal Reserve will be deflating its quantitative tightening (QT) cushion, 

causing the traders’ risk appetite to rise, reducing their interest in the risk-averse assets such as gold. For the record, 

XAU/USD has always been one of the main products in exchange among Doo Prime’s traders. Therefore, the overall 

trading volume in November has slightly slowed down.  

Since the beginning of 2023, Doo Prime’s overall trading volume has been in a stable state. Year to date, Doo Prime’s 

total trading volume is valued at USD 853.54 billion, an increase of 40.33% as compared to the same period last year.   

It is important to note that gold closed at USD 2,070/ounce in November, and it is the fourth time gold has reached 

this level since June 2020. This shows that gold prices still have room to go further upward, and gold’s trading volume 

may significantly increase in December. This may lead to an increase in Doo Prime’s overall trading volume. 

According to the recorded data, XAU/USD, EUR/USD and GBP/USD were the investors’ top picks, constituting 84.64% 

of November’s total trading volume. Among them, XAU/USD has the highest trading volume at USD 49.02 billion; mean

while, EUR/USD and GBP/USD have a total monthly trading volume of USD 10.3 billion. 

Additionally, EUR/USD has the largest growth in the monthly trading volume, an increase of USD 1.89 billion or 30.15%, 

as compared to October. 

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 strive to lead the FinTech transformation in this new era and ensure 

the clients are at the forefront of the industry.