NewsSignals AI analysis·Chainwire·Nov 2, 2026

TokenInsight Q3 Report: MEXC Ranks No. 2 in Commodity Perpetuals with 17.43% Market Share

Grade Abullish AI signal$XAU$XAG$WTI$BRENT

MEXC ranked No. 2 in commodity perpetuals trading in Q3 2026, capturing 17.43% of the market with $86 billion in volume, according to TokenInsight. The exchange also ranked second in gold and silver perpetuals, while commodity perpetuals made up a growing share of activity across the market. The strong trading share could reinforce demand for commodity-linked perpetual products and deepen competition among crypto exchanges for TradFi derivatives volume.

Bullish strength: 75/100

MEXC captured 17.43% of commodity perpetuals volume, ranking second among exchanges.
MEXC recorded $86 billion in commodity perpetuals trading volume.
MEXC ranked second in gold and silver perpetuals.
Commodity perpetuals volume across the market reached $188 billion in September.

Bearish strength: 25/100

MEXC remains behind Binance in commodity perpetuals market share.
The report reflects Q3 trading activity and does not establish that the growth will continue.

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

Read the original source ↗

← Browse more news analysis

Trade on MEXC

More recent source-attributed AI analysis in macro.

Gold climbs to two-week high as dollar, yields weaken

Gold climbed 1% to $4,102.50 per ounce, reaching its highest settlement since October 21 as a weaker US dollar and falling Treasury yields boosted demand. The 10-year Treasury yield dropped 5.5 basis points to 4.836%, while silver gained 0.2% to $52.233 per ounce. Gold could face renewed selling pressure if Friday's US jobs report strengthens expectations for a December Fed rate hike, despite improving near-term momentum.

Goldman Sachs trims gold forecasts as Fed stays hawkish

Goldman Sachs cut its end-2026 gold price forecast to $4,150 per ounce from $4,650 and its end-2027 target to $4,800 from $5,400, citing the Federal Reserve's increasingly hawkish policy stance. The bank warned that higher oil prices and equity-market drawdowns could trigger additional gold selling, while central-bank demand and long-term investor interest remain supportive. Lower price targets could pressure gold sentiment, although persistent structural demand may limit downside and support longer-term prices.

Goldman Sachs lowers gold price forecasts on hawkish Fed outlook

Goldman Sachs cut its end-2026 gold price forecast to $4,150 per ounce from $4,650, citing the Federal Reserve's increasingly hawkish policy outlook. The bank also reduced its end-2027 forecast to $4,800 from $5,400, warning that higher interest rates could weigh on investor demand despite continued central-bank buying. Persistent monetary tightening and potential oil-driven selling could pressure gold, although structural central-bank demand and fiscal-risk hedging may limit downside.

ICE Review: Canola Falls on Speculative Long Liquidation

ICE canola futures fell to a four-month low as speculative long liquidation intensified selling pressure, with January contracts dropping C$15.10 to C$753.20 per metric ton. Prices broke below their 200-day moving average near C$766, while weaker soybean, soyoil, rapeseed and palm oil markets added pressure; Saskatchewan estimated canola yields at 38.3 bushels per acre versus Statistics Canada's 41.9 estimate. Continued speculative selling and weakness across competing vegetable oils could further pressure canola prices, although lower-than-expected crop yields may provide support.