Gold and silver 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 gold and silver prices have recently strengthened simultaneously, with trading sentiment in the precious metals market continuing to heat up. According to data from the Gate platform, the 24-hour high for Gold (XAU) reached $4,194.74, currently trading at $4,182.22, up 3.08% in 24 hours; the 24-hour high for Silver (XAG) reached $62.54, currently trading at $62.26, up 4.10% in 24 hours. Data from CoinGlass shows that Gate XAG contract open interest reached $65.1959 million; Gate XAU contract open interest reached $189 million, both ranking among the top two in the industry.

Gate pioneered the metal perpetual contract and CFD contract trading segment, covering mainstream metal trading targets such as Gold, Silver, and Platinum, supporting 7×24 hour trading and USDT settlement.