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Gold and Silver trading heat continues to rise, with Gate ranking among the top in the market across multiple metrics

2026-05-14 05:39

Odaily Planet Daily News: According to data from CoinGlass, the 24-hour spot trading volume of XAUT across the entire network reached $41.6913 million. Among them, the 24-hour spot trading volume of the XAUT/USDT trading pair on the Gate platform reached $9.7148 million, ranking first globally. At the same time, the 24-hour spot trading volume of PAXG across the entire network reached $38.6367 million, and the 24-hour spot trading volume of the PAXG/USDT trading pair on the Gate platform reached $7.1145 million, ranking second globally.

Additionally, Silver (XAG) also performed strongly. CoinGlass data shows that XAG is currently trading at $87.41, up 0.53% in 24 hours, with a total network open interest of $402 million. Among this, Gate platform's XAG futures open interest is approximately $103.5 million, ranking second globally, further demonstrating the platform's liquidity and product advantages in the precious metals derivatives market.

Currently, Gate has fully deepened its TradFi strategy. Its spot section supports stock and metal trading, while its futures section covers diversified assets such as gold, silver, foreign exchange, indices, and commodities. Leveraging a flexible USDT settlement mechanism and up to 100x leverage, Gate continues to empower global investors to achieve cross-market, round-the-clock asset allocation and risk management.