Gold and silver both strengthened in tandem, with Gate XAG (Silver) and XAU (Gold) contract open interest ranking among the top two in the industry.

Odaily Planet Daily reported that the prices of gold and silver have recently strengthened in tandem, driving a surge in trading activity in the precious metals market. According to market data from the Gate platform, Gold (XAU) reached a 24-hour high of $4,194.74 and is currently trading at $4,182.22, up 3.08% in the past 24 hours; Silver (XAG) hit a 24-hour high of $62.54 and is currently trading at $62.26, up 4.10% in the past 24 hours. Data from CoinGlass shows that Gate's XAG contract open interest reached $65.1959 million, while Gate's XAU contract open interest reached $189 million, both ranking among the top two in the industry.

Gate pioneered the metals perpetual contract and CFD contract trading segment, covering trading targets for mainstream metals such as gold, silver, and platinum, supporting 7×24-hour trading and USDT settlement.