Trading Heat in Gold and Silver Continues to Rise; Gate Ranks Among the Market Leaders in Multiple Metrics

According to CoinGlass data, the global 24-hour spot trading volume for XAUT reached $41.6913 million. Among this, the 24-hour spot trading volume for the XAUT/USDT trading pair on the Gate platform reached $9.7148 million, ranking first globally. Meanwhile, the global 24-hour spot trading volume for PAXG reached $38.6367 million, with the Gate platform's PAXG/USDT pair recording a 24-hour spot volume of $7.1145 million, ranking second globally.

Additionally, Silver (XAG) also showed strong performance. CoinGlass data indicates that XAG is currently trading at $87.41, up 0.53% in the last 24 hours, with a global open interest of $402 million. Notably, the XAG contract open interest on the Gate platform is approximately $103.5 million, ranking second globally, further highlighting the platform's liquidity and product advantages in the precious metals derivatives market.

Currently, Gate has comprehensively deepened its TradFi layout. Its spot section supports stock and metal trading, while its derivatives section covers diversified assets including gold, silver, forex, 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.