According to ChainCatcher, the gold token XAUT has fallen below the $4,700 mark, currently trading at $4,686.1, a 24-hour drop of 2.96%; the silver token XAG is currently trading at $74, a 24-hour drop of 2.98%.
According to CoinGlass data, market activity in gold (XAUT) and silver (XAG) has increased significantly. XAUT contract trading volume exceeded $2.999 billion, a surge of 32.43%; XAG contract trading volume exceeded $5.447 billion, a surge of 90.70%, with total open interest across the network reaching approximately $303 million. Specifically, on the Gate platform, XAUT contract trading volume exceeded $211.24 million, ranking third globally; XAG open interest exceeded $18.51 million, ranking among the top three globally; and XAG contract trading volume exceeded $451.81 million, ranking third globally.
Currently, Gate pioneered the metals contract section, offering 24/7 trading and a USDT settlement mechanism, continuously providing users with an efficient and flexible one-stop metals trading experience, and facilitating cross-market asset allocation and strategy development. In addition, Gate TradFi has opened trading access on both its app and web platforms, comprehensively covering CFD trading services for silver, gold, forex, indices, commodities, and some popular stocks, supporting leverage up to 500x.
