Gold and Silver Rise Together, Gate XAG (Silver) and XAU (Gold) Contract Open Interest Both Rank Among the Top Two in the Industry

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

Gate has pioneered a trading section for metal perpetual contracts and CFD contracts, covering mainstream metal trading targets such as gold, silver, and platinum, supporting 7×24 hour trading and USDT settlement.