Short-term pullback in gold and silver, active trading of Gate XAU and XAG contracts

According to Gate platform data, gold (XAU) reached a maximum of $4561.69 and a minimum of $4495.52 in 24 hours; silver (XAG) reached a maximum of $77.20 and a minimum of $74.55 in 24 hours. The metal market has experienced a short-term correction, maintaining overall high volatility, which has driven active trading. According to CoinGlass data, the 24-hour trading volume for Gate XAU contracts reached $171 million, with a current open interest of $136 million; the 24-hour trading volume for XAG contracts reached $190 million, with an open interest of $108 million, both ranking among the industry's top.

Gate pioneered the metal contract trading sector, providing 24/7 uninterrupted trading, offering users higher strategic flexibility and asset management efficiency in volatile markets. Gate contracts cover various traditional financial assets, including stocks, metals, foreign exchange, indices, and commodities, supporting trading in core assets such as gold, silver, and globally popular stocks. Gate continues to build a more efficient and professional multi-asset one-stop trading platform for global users.