Silver prices have pulled back from recent highs, and Gate XAG contract open interest ranks among the top two globally

Odaily Planet Daily News: Recently, silver prices have declined after a period of strong upward momentum. According to data from the Gate platform, the 24-hour high for Silver (XAG) reached $68.78, and it is currently trading at $67.83. Data from CoinGlass shows that Gate's XAG contracts recorded a 24-hour trading volume of $49.873 million, an increase of 794.70% compared to the previous period, ranking among the top three globally. The open interest in these contracts reached $68.1297 million, ranking among the top two globally.

Gate has pioneered a trading segment for metal perpetual contracts and CFD contracts, covering mainstream metal trading instruments such as gold, silver, and platinum, supporting 24/7 trading and USDT settlement. Leveraging Gate's innovative unified account system, users can allocate diverse assets including stocks, metals, forex, indices, and commodities without needing to operate across different platforms, helping users achieve a more flexible and efficient one-stop global asset strategy layout amid volatile market conditions.