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Metal market trends strengthen, Gate XAUT and XAG contract trading volumes remain leading
Odaily Planet Daily News: The metals market continues a strong upward trend. Among them, international gold (XAUT) reached a 24-hour high of 4,700 dollars, currently at 4,660.70 dollars, with a 24-hour gain of 2.60%; international silver (XAG) reached a 24-hour high of 75.67 dollars, currently at 74.18 dollars, with a 24-hour gain of 3%. With precious metal prices continuing to rise, market trading sentiment has clearly warmed up, and trading activity in gold and silver-related derivatives has increased in tandem.
According to CoinGlass data, trading volume for metal contracts on the Gate platform continues to grow. Among them, the 24-hour contract trading volume for XAUT reached 122 million dollars, up 13.08% month-over-month; the 24-hour contract trading volume for XAG reached 194 million dollars, up 17.71% month-over-month. They are both in leading positions in the industry.
Gate pioneered the metal contract trading section, offering 7×24 non-stop trading, providing users with greater strategy flexibility and asset management efficiency during volatile market conditions. Gate contracts have covered multiple categories of traditional financial assets, such as stocks, metals, foreign exchange, indices, and commodities, supporting trading of core targets including gold, silver, and globally popular stocks. Gate continues to build a more efficient, professional, multi-asset one-stop trading platform for users worldwide.