GOLD 0.51% $1,391.7 gold futures

While gazing at the tapering (monthly) GP flag today I was...

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    While gazing at the tapering (monthly) GP flag today

    I was struck by the contrast in volume and volatility in gold trading

    between recent years and prior years.

    I wondered whether crypto-currency had anything to do with that.

    Although not at the same vertical scale, and not "whole of market",

    the charts below seem to show that crypto took volume and volatility

    away from gold in 2017.

    https://hotcopper.com.au/data/attachments/3620/3620625-85da2714250c485d0b942f78b81ad947.jpg

    Now, given today's news where China declared crypto transactions to be illegal,

    should we expect some volume and volatility to return to gold trading ?

 
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