Metal Market Strengthens, Gate's XAUT and XAG Contract Trading Volume Maintains Leading Position

Odaily News: The metal market continues its strong upward trend. Among them, international gold (XAUT) reached a 24-hour high of $4,700 and is currently trading at $4,660.70, representing a 24-hour increase of 2.60%. International silver (XAG) reached a 24-hour high of $75.67 and is currently trading at $74.18, marking a 24-hour gain of 3%. Against the backdrop of persistently rising precious metal prices, market trading sentiment has noticeably heated up, with trading activity for gold and silver-related derivatives also increasing in tandem.

According to data from CoinGlass, the trading volume of metal contracts on the Gate platform continues to grow. Specifically, the 24-hour contract turnover for XAUT reached $122 million, a month-on-month increase of 13.08%; the 24-hour contract turnover for XAG reached $194 million, a month-on-month increase of 17.71%. Both figures maintain a leading position within the industry.

Gate pioneered the metal contract trading sector, offering 24/7 uninterrupted trading, providing users with greater strategic flexibility and asset management efficiency during volatile market conditions. Gate's contracts now cover a wide range of traditional financial assets including stocks, metals, forex, indices, and commodities, supporting trading of core assets such as gold, silver, and globally popular stocks. Gate continues to build a more efficient and professional multi-asset, one-stop trading platform for global users.