Gold and silver prices both rose, with Gate's two major precious metal contracts ranking second in global trading volume

On October 19, the prices of gold and silver rose simultaneously. According to CoinGlass data, gold (XAU) is currently priced at approximately $4,182.4, up 0.42% in 24 hours; silver (XAG) is currently priced at approximately $57.54, up 0.84% in 24 hours.

In the futures market, trading of XAU and XAG is active, with significant increases in 24-hour trading volume, and market trading enthusiasm continues to heat up. Among them, the trading volume of Gate XAU contracts is approximately $157 million, with an open interest of about $334 million; the trading volume of XAG contracts is approximately $117 million, with an open interest of about $171 million. Both precious metal contracts rank second globally in trading volume and third globally in open interest.