The trading volume of gold and silver contracts has surged significantly, with Gate XAUT contracts ranking among the top three globally

According to CoinGlass data, the market activity of gold (XAUT) and silver (XAG) has significantly increased. Among them, the trading volume of XAUT contracts exceeded $3.684 billion, with an increase of 80.88%; the trading volume of XAG contracts surpassed $3.651 billion, with an increase of 71.05%, and the total open interest across the network is approximately $247 million. Notably, the trading volume of XAUT contracts on the Gate platform exceeded $94.2 million, ranking third globally; the open interest of XAG surpassed $20.45 million, ranking among the top three globally; and the number of XAG contract trades exceeded 455,800, ranking second globally.

Gate has pioneered the metal contract trading sector, providing 24/7 uninterrupted trading, which offers users greater strategic flexibility and asset management efficiency in volatile markets. Additionally, Gate TradFi offers XAUUSD (gold) and XAGUSD (silver) contract for difference trading, being the first in the industry to launch a multi-leverage trading mechanism. The first batch includes XAUUSD20 (gold 20x), XAUUSD100 (gold 100x), and XAUUSD200 (gold 200x) contract for difference products, along with new silver products XAGUSD10 (silver 10x), XAGUSD20 (silver 20x), and XAGUSD50 (silver 50x), further optimizing the overall trading experience while enhancing strategic flexibility.