Silver prices have pulled back, and Gate XAG (silver) contract positions remain in the top two in the industry

Recently, the silver market has experienced increased volatility, with prices undergoing a pullback adjustment. According to market data from the Gate platform, silver (XAG) reached a high of $60 in the past 24 hours and is currently reported at $57.37, with a 24-hour decline of 4.29%. According to CoinGlass data, the open interest for Gate XAG contracts has reached $60.6241 million, firmly ranking among the top two in the industry.