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The unresolved ceasefire between Russia and Ukraine has led to a rebound in crude oil prices, and the market's bets on another interest rate hike before the end of the year are heating up, putting pressure on the gold and silver markets once again. According to CoinGlass data, gold (XAU) is currently priced at $4,183.22, with a 24-hour decline of 0.61%; silver (XAG) is currently priced at $60.25, with a 24-hour decline of 1.42%.During the market fluctuations, the trading volume of related contracts on Gate has continued to rise: the trading volume of Gate silver contracts reached $124 million in 24 hours, ranking second in the industry; the trading volume of Gate gold contracts reached $363 million in 24 hours, firmly holding third place in the industry; meanwhile, the open interest of Gate XAU gold contracts reached $411 million, ranking second in the industry.Gate has pioneered the trading sector for perpetual metal contracts and CFD contracts, covering mainstream metal trading targets such as gold, silver, and platinum, supporting 24/7 trading and USDT settlement. Relying on Gate's innovative unified account system, users can configure diverse assets such as stocks, metals, foreign exchange, indices, and commodities without cross-platform operations, helping users achieve a more flexible and efficient one-stop global asset strategy layout amid volatile markets.

According to Gate market data, spot gold opened slightly lower on Monday, currently priced at 4,193 USD/ounce. Spot silver opened slightly higher, currently priced at 60.85 USD/ounce.

According to Gate market data, spot silver has fallen by 3% during the day, currently priced at $59.5 per ounce. Spot gold's short-term decline has expanded to nearly $30, currently priced at $4,085.96 per ounce.

The Solana tokenized silver project Dominion has announced its closure. The team stated that a security incident in September led to a significant amount of SILV being compromised and sold off, resulting in a liquidity collapse, operational capital losses, and damage to market structure. The capital required for reconstruction has exceeded the project's remaining resources.Dominion has allocated most of its remaining liquid funds to a refund plan, allowing eligible pre-attack SILV holders to exit at $63 per token. SILV was originally designed to be a Solana token backed 1:1 by physical silver, with each token corresponding to one troy ounce of silver.On September 11, attackers gained control of its 3/5 multi-signature key and sold approximately 46,909 SILV on a thinly traded DEX, with a nominal value of about $3 million before the attack, ultimately cashing out around $238,000.

JPMorgan stated that the likelihood of the United States imposing tariffs on silver and platinum group metals is "decreasing."

According to Catcher Predict monitoring, the probability of the "Yes" option for the sub-market "Luiz Inácio Lula da Silva" in the event "Brazil Presidential Election" on the prediction market Polymarket has experienced significant fluctuations, dropping sharply from 35.5% an hour ago to the current 15% (a fluctuation of 20.5%). Please note the impact of related breaking news.

Bloomberg ETF analyst Eric Balchunas posted on platform X that the U.S. Securities and Exchange Commission (SEC) has just approved 3x long Bitcoin, Ethereum, gold, silver, crude oil, and natural gas ETPs under the Securities Act of 1933.

According to Gate market data, after the non-farm payroll data was released, spot gold rose by about 40 dollars, reaching a high of 4,226 dollars per ounce; spot silver broke through 62 dollars per ounce, with an intraday increase of 1.67%.

According to Gate market data, spot silver has dropped over 1% today, currently priced at $60.36 per ounce. Spot gold has decreased by 0.9% today, currently priced at $4,138.86 per ounce.

As U.S. consumer confidence data remains strong, driving expectations for high interest rates and rising U.S. Treasury yields, gold and silver are under pressure. According to CoinGlass data, gold (XAU) is currently priced at $4,225.56, with a 24-hour decline of 1.45%; silver (XAG) is currently priced at $62.69, with a 24-hour decline of 2.41%.During the period of significant market fluctuations, trading volume for Gate precious metal contracts surged: Gate silver contracts had a 24-hour trading volume of $59.5667 million, ranking second in the industry; Gate XAU gold holdings are approximately $417.78 million, also ranking second in the industry.

According to Gate market data, spot gold and silver have rebounded in the short term, with spot gold rising nearly 10 dollars, currently reported at 4,296 dollars/ounce; spot silver has risen nearly 0.3 dollars, currently reported at 64.9 dollars/ounce.Iranian officials stated that Iran is reviewing the United States' response to end hostilities against Iran.

CoinGlass data shows that due to the overnight announcement of the interest rate hike decision by the Federal Reserve, the prices of gold and silver once plunged about 3% from their intraday highs and are currently still in a downward trend. Tether Gold (XAUT) is currently priced at $4,281.15, with a 24-hour decline of 0.77%; silver (XAG) is currently priced at $63.41, with a 24-hour decline of 1.78%. During the period of significant market fluctuations, the trading volume of Gate precious metal contracts surged: the trading volume of Gate silver contracts reached $253 million in 24 hours, ranking second in the industry; the holding amount of Gate XAUT gold is approximately $127 million, also ranking second in the industry.

According to CoinDesk, the on-chain financial platform Theo announced the launch of a yield-bearing tokenized silver product thSLVR, supported by over $40 million in active leases, expanding its commodity financing business from gold to silver. This token allows holders to maintain exposure to silver prices while passing on the lease income paid by institutional borrowers to the holders.Theo stated that the silver supporting thSLVR will be leased to mature institutional counterparties under standard market terms, with credit exposure guaranteed by the parent company. The product is launched in a beta version, initially targeting institutions and whitelist investors, with plans to expand access later. Silver has experienced significant volatility this year, reaching a historical high of $121.79 per ounce in January, followed by a 41% drop over three days, and falling to a low of $54.74 in July, recently hovering around the mid-$60 range.Theo was founded by former traders from Optiver and IMC and has previously offered yield-bearing tokenized gold and U.S. Treasury products. The silver leasing will also expand the underlying assets of its yield-bearing stablecoin thUSD. According to RWA.xyz data, the market size for tokenized commodities is approximately $4.9 billion, covering 130 products. The London 1-month silver lease rate briefly rose to about 39% in October 2025, while the historical norm is below 1%; the market expects a supply gap in silver for the sixth consecutive year in 2026, with a gap of approximately 46.3 million ounces.

According to Gate market data, spot silver has plummeted 5% during the day, currently reported at 63.88 USD/ounce.

According to CNBC, the prediction market platform Kalshi has received approval from the Commodity Futures Trading Commission (CFTC) to launch perpetual contracts for gold and silver, marking the first non-cryptocurrency perpetual contract product approved by the CFTC.Kalshi was first approved to launch cryptocurrency perpetual contracts at the end of May this year, and as of now, the nominal trading volume of related products has reached 44 billion dollars.

Former Silvergate Bank CEO Alan Lane stated in a Substack post that the political and regulatory pressures from the Biden administration led to the bank's voluntary liquidation in 2023. He mentioned that Silvergate could continue operating after meeting withdrawals equivalent to 70% of demand deposits in the fourth quarter of 2022, and the decision to liquidate was made "in the face of political pressure." The Federal Reserve's Office of Inspector General's review in September 2023 concluded that the liquidation stemmed from reliance on crypto depositors, funding risks, and governance and compliance deficiencies. The SEC had previously charged Silvergate, Lane, and former Chief Risk Officer Kathleen Fraher with misleading investors regarding their anti-money laundering program, with Lane settling for a $1 million fine and a five-year executive ban, while the Federal Reserve imposed a $43 million fine on Silvergate. Lane also cited a statement on crypto risks released by multiple agencies at the beginning of 2023 as evidence of industry pressure, which was later withdrawn in April 2025.

According to Gate market data, since Federal Reserve Chairman Waller's speech, spot gold and silver have significantly retreated in the short term. Gold rebounded slightly after falling about 100 dollars from its high, reaching a low of 4530 dollars/ounce and currently reported at 4560 dollars/ounce; silver plummeted over 1 dollar during the day, hitting a low of 68.1 dollars/ounce and currently reported at 69.0 dollars/ounce.

According to Gate market data, spot gold has risen by $18 in the short term, exceeding $4,600, while spot silver has increased by more than $1 in the short term, reaching $70.1/ounce.

Recently, the silver market has continued to perform strongly, with trading enthusiasm continuing to heat up. According to market data from the Gate platform, silver (XAG) reached a high of $69.76 in 24 hours and is currently reported at $69.30. CoinGlass data shows that the open interest for Gate XAG contracts has reached $72.8334 million, firmly ranking among the top two in the industry.

According to Catcher Predict monitoring, the "Brazil Presidential Election" event is currently among the hottest trading topics on the prediction market Polymarket, with a cumulative pool size reaching $1.255 billion. The option with the highest market consensus is "Luiz Inácio Lula da Silva," corresponding to a winning probability of about 65.5%.