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

According to Odaily, the prices of gold and silver have simultaneously strengthened recently, fueling a sustained rise in trading activity within the precious metals market. Data from the Gate platform shows that gold (XAU) reached a 24-hour high of $4,194.74 and is currently trading at $4,182.22, representing a 24-hour increase of 3.08%. Silver (XAG) hit a 24-hour high of $62.54 and is now trading at $62.26, up 4.10% in the same period. Data from CoinGlass indicates that Gate's XAG contract open interest stands at $65.1959 million, while its XAU contract open interest is $189 million, both ranking among the top two in the industry.

Gate 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.