Gate Launches "Precious Metals Zone", Gold and Silver Perpetual Contracts Support 50X Leverage, 7×24h Trading

Odaily News Digital asset trading platform Gate has launched a "Precious Metals Zone", initially offering XAU (Gold) and XAG (Silver) USDT-margined perpetual contracts. These contracts support up to 50x leverage and provide 7×24 hour non-stop trading. The relevant contracts opened at 17:00 (UTC+8) on January 14th. Users can access the zone to participate in trading via the Gate official website or App.

Regarding the product mechanism, the index for Gate's precious metals perpetual contracts references prices from multiple comprehensive precious metals trading markets, enhancing pricing transparency and stability. This provides a reliable price foundation for contract trading, balancing the pricing logic of traditional financial assets with the risk control needs of crypto market derivatives.

In a market environment where precious metals prices are strengthening, and their safe-haven attributes coexist with volatility, Gate's introduction of gold and silver into the crypto trading system in the form of standardized perpetual contracts expands the asset boundaries of crypto contracts. It also provides new tool options for cross-market capital allocation and trading strategies.

Gate stated that it will continue to explore more pathways for the tokenization of traditional assets. Under compliance and risk control frameworks, it will gradually enrich diversified derivative trading scenarios for indices, commodities, and more.