According to ChainCatcher, data from CoinGlass shows a significant increase in market activity for gold (XAUT) and silver (XAG). XAUT contract trading volume exceeded $3.684 billion, a surge of 80.88%; XAG contract trading volume exceeded $3.651 billion, a surge of 71.05%, with total open interest across the network reaching approximately $247 million. Specifically, on the Gate platform, XAUT contract trading volume exceeded $94.2 million, ranking third globally; XAG open interest exceeded $20.45 million, ranking among the top three globally; and the number of XAG contract trades exceeded 455,800, ranking second globally.
Gate.com pioneered a metals contract trading platform, offering 24/7 uninterrupted trading and providing users with greater strategic flexibility and asset management efficiency in volatile market conditions. In addition, Gate.com TradFi also offers CFD trading in XAUUSD (gold) and XAGUSD (silver), pioneering a multi-leverage trading mechanism in the industry. The initial offerings include XAUUSD20 (gold 20x), XAUUSD100 (gold 100x), and XAUUSD200 (gold 200x) CFDs, with new additions including XAGUSD10 (silver 10x), XAGUSD20 (silver 20x), and XAGUSD50 (silver 50x), further optimizing the overall trading experience while enhancing strategic flexibility.
