silver

Recently, the gold and silver markets have remained active, with the trading heat of precious metals continuing to rise. According to market data from the Gate platform, gold (XAU) reached a 24-hour high of $4104.58, currently reported at $4032.17, with a 24-hour increase of 0.35%; silver (XAG) reached a 24-hour high of $59.73, currently reported at $58.40, with a 24-hour increase of 1.34%. According to CoinGlass data, the open interest for Gate XAU contracts reached $164 million, and the open interest for Gate XAG contracts reached $60.2258 million, both ranking among the top two in the industry.

Last weekend's unexpected cold non-farm data reversed the consecutive decline of gold and silver over the past few weeks. On July 6, after a rebound in gold prices, a high-level narrow fluctuation market emerged. According to data from the Gate platform, gold (XAU) is currently priced at $4165.04, with a 24-hour decline of 0.26%; silver (XAG) is currently priced at $61.94, with a 24-hour decline of 1.13%. In the correction market, trading of gold and silver-related contracts is active. Data from the CoinGlass platform shows that the Gate XAU contract has a position amount of $155 million, ranking among the top two in the industry, with a 24-hour trading volume of $47.5522 million; the Gate XAG contract has a position amount of $60.9402 million, also ranking among the top two in the industry, with a 24-hour trading volume of $30.6943 million.

According to Vietnam's Youth Newspaper, the Ministry of Public Security of Vietnam recently held a press conference to report the latest investigation results of the ONUS cryptocurrency platform fraud case. More than 350 kilograms of gold and silver have been seized, transactions involving 8 properties valued at 20 trillion Vietnamese dong have been frozen, and transactions of over 300 involved bank accounts have been suspended.On March 23 of this year, the police filed criminal charges against 8 defendants, accusing them of using computer networks and telecommunications networks to commit property appropriation and money laundering. Since 2018, the individuals involved have taken advantage of the public's lack of understanding of cryptocurrency, creating digital accounts through applications and packaging them as virtual currency. They established trust and attracted investment through circular buying and selling among affiliated companies, thereby committing fund appropriation, with a total sale of cryptocurrency valued at over 70 trillion Vietnamese dong from 2018 to 2021.The case involves numerous individuals and users, with approximately 5 million user accounts opened. The police have received over 2000 reports from citizens. The public security authorities are investigating the possible accomplice responsibilities of KOLs and other internet celebrities and continue to make every effort to recover the embezzled funds.

Recently, metal market prices have declined, with both gold and silver prices adjusting downwards. According to market data from the Gate platform, gold (XAU) reached a 24-hour low of $3950, currently reported at $3975.53, with a 24-hour drop of 2.35%; silver (XAG) reached a 24-hour low of $56.66, currently reported at $57.48, with a 24-hour drop of 2.13%. According to CoinGlass data, the open interest for Gate XAU contracts reached $204 million, and the open interest for XAG contracts reached $64.8941 million, both firmly ranking in the top two in the industry.

According to on-chain analyst Ai Yi's monitoring, the address 0x960...3f0fc opened long positions of 102.55 BTC, 954.38 ETH, and 8,790 silver in the early morning, with a total position value of 8.29 million USD; at the same time, it purchased 10.699 million USD of BTC and ETH spot. The current set take-profit points are BTC 63,000 USD and ETH 1,650 USD.

Recently, silver prices have continued to trend downward. According to market data from the Gate platform, silver (XAG) reached a 24-hour low of $63.27 and is currently reported at $63.39, with a 24-hour decline of 3.60%. According to CoinGlass data, the open interest for Gate XAG contracts has reached $78.9171 million, ranking second globally, with high market attention and trading activity continuing to be maintained.

According to Jinshi reports, the Federal Reserve's dot plot shows a clear hawkish tendency, leading to a sharp decline in Shanghai gold and silver futures at the opening. Goldman Sachs has issued a warning that the hawkish shift is not solely due to oil, and when precious metal prices will stabilize remains a focal point of market attention.

Recently, the metal market has continued to strengthen, with gold and silver prices maintaining high volatility. According to market data from the Gate platform, silver (XAG) reached a 24-hour high of $71.24, currently reported at $70.40, with a 24-hour increase of 1.25%; gold (XAU) reached a 24-hour high of $4355, currently reported at $4340.45, with a 24-hour increase of 0.49%. According to CoinGlass data, the open interest for Gate XAG contracts reached $78.3465 million; the open interest for Gate XAU contracts reached $148 million, both ranking among the top two in the industry.

Recently, the metal market has continued to strengthen, with gold and silver prices maintaining high levels. According to market data from the Gate platform, silver (XAG) reached a 24-hour high of $70.61, currently reported at $70.40, with a 24-hour increase of 3.26%; gold (XAU) reached a 24-hour high of $4313.99, currently reported at $4302.40, with a 24-hour increase of 1.67%. According to CoinGlass data, the 24-hour trading volume of Gate XAG contracts reached $48.6403 million, with a contract open interest of $73.2151 million, both ranking in the top two in the industry; the open interest of Gate XAU contracts reached $149 million, also ranking in the top two in the industry.

Recently, the metal market has experienced a pullback after an earlier rise, with both gold and silver prices under pressure. According to market data from the Gate platform, silver (XAG) reached a high of $75.16 in 24 hours and is currently reported at $72.52; gold (XAU) reached a high of $4517.28 in 24 hours and is currently reported at $4440.99. According to CoinGlass data, the trading volume of Gate XAG contracts in 24 hours reached $109 million, with a contract open interest of $64.6058 million, both ranking among the top two in the industry; the open interest of Gate XAU contracts reached $116 million, also ranking among the top two in the industry.

The surge in crude oil has triggered a reshuffle of funds, with the gold and silver markets showing significant high-level fluctuations and short-term corrections. According to data from the Gate platform, silver (XAG) is currently priced at $75.10, down 0.42% in 24 hours; gold (XAU) is priced at $4486.96, with a 24-hour decline of 0.25%. According to Coinglass data, the Gate XAG contract position reached $45.6903 million, ranking second in the entire network; the Gate XAU contract position reached $137 million, also ranking second.Gate pioneered the trading sector for metal perpetual 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 in volatile markets.

Gold and silver opened with a narrow range of fluctuations and a slight decline. According to data from the Gate platform, silver (XAG) is currently priced at $75.85, with a 24-hour increase of 0.64%; gold (XAU) is priced at $4525.00, with a 24-hour change of -0.27%. According to Coinglass data, the 24-hour trading volume of Gate XAG contracts reached $54.8511 million, with open interest at $50.5342 million, both ranking second in the entire network; the open interest of Gate XAU contracts reached $153 million, also ranking second.Gate pioneered the metal contract trading sector, providing 24/7 uninterrupted trading, offering users greater 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.

Recently, the volatility in the metal market has continued to intensify, with gold and silver prices maintaining high-level fluctuations. According to market data from the Gate platform, silver (XAG) reached a 24-hour high of $77.61 and is currently reported at $76.89; gold (XAU) reached a 24-hour high of $4,549.78 and is currently reported at $4,514.90, with an overall strong trend. According to CoinGlass data, the 24-hour contract position for silver (XAG) on the Gate platform reached $100 million, with a 24-hour trading volume of $131 million; the 24-hour contract position for gold (XAU) reached $180 million, both ranking among the top two globally. As global macro uncertainty increases, market risk aversion continues to rise, further driving the growth of metal trading activity.Gate has pioneered the metal contract trading sector, providing 24/7 uninterrupted trading, offering users greater strategic flexibility and asset management efficiency in volatile markets. Gate contracts cover a variety of 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.

According to CoinGlass data, gold (XAUT) is currently priced at $4520.46, with a total market position of approximately $697 million. Among them, the XAUT contract position on the Gate platform is about $166 million, ranking second in the entire network. Meanwhile, silver (XAG) is currently priced at $76.46, with a total market position of approximately $355 million. The XAG contract position on the Gate platform is about $101 million, also ranking second in the entire network, further reflecting the platform's liquidity and product advantages in the precious metals derivatives market.Currently, Gate has fully deepened its TradFi layout, with the spot section supporting stock and metal trading, and the contract section covering diversified assets such as gold, silver, foreign exchange, indices, and commodities. With a flexible USDT settlement mechanism and up to 100 times leverage, Gate continues to assist global investors in achieving cross-market, round-the-clock asset allocation and risk management.

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.

According to Gate's market data, gold (XAUUSDT) has risen above the $4,500 mark, currently priced at $4,556.71, with a 24-hour increase of approximately 1.57%; silver (XAGUSDT) has broken above $76, currently priced at $76.36, with a 24-hour increase of 2.97%, driving active trading in related contracts.According to CoinGlass data, the trading volume of gold (XAU) contracts on the Gate platform in the last 24 hours reached $213 million, with an open interest of $138 million, ranking among the top two globally; the trading volume of silver (XAG) contracts was approximately $194 million, with an open interest of about $118 million, also ranking among the top two globally.Gate has pioneered the metal contract trading sector, providing 24/7 uninterrupted trading, offering users greater strategic flexibility and asset management efficiency in volatile markets. Gate's 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 users worldwide.

According to CoinGlass data, gold (XAUT) is currently priced at $4548.96, up 0.46% in the last 24 hours, with a total contract trading volume of approximately $3.59 billion. Among them, the XAUT contract position on the Gate platform is about $147 million, ranking among the top three in the entire network. Meanwhile, silver (XAG) is currently priced at $76.48, up 1.43% in the last 24 hours, with a total position size of approximately $392 million. The XAG contract position on the Gate platform is about $120 million, ranking second in the entire network, further reflecting the platform's liquidity and product advantages in the metal derivatives market.Currently, Gate has fully deepened its TradFi layout, with the spot section supporting stock and metal trading, and the contract section covering diversified assets such as gold, silver, foreign exchange, indices, and commodities. With a flexible USDT settlement mechanism and leverage of up to 100 times, Gate continues to assist global investors in achieving cross-market, round-the-clock asset allocation and risk management.

According to Gate market data, spot silver has plunged 8.00% during the day, currently reported at $76.79 per ounce.

The metal market is experiencing increased volatility, with a divergence in the trends of gold and silver. According to data from the Gate platform, silver (XAG) reached a high of $81.72 in the past 24 hours and is currently reported at $80.90, with a 24-hour increase of approximately 0.37%; gold (XAU) reached a high of $4,733.70 in the past 24 hours and is currently reported at $4,687.53, with prices retreating from their peak.According to CoinGlass data, the performance of metal contract positions on the Gate platform is impressive. Specifically, the 24-hour contract position for silver (XAG) is approximately $68.93 million, ranking among the top globally; the 24-hour contract position for gold (XAU) is approximately $88.82 million, also ranking among the industry leaders. As market volatility expands, funds continue to flow into the precious metals sector, further driving the growth of platform positions.Gate has pioneered the metal contract trading sector, offering 24/7 uninterrupted trading to provide users with greater strategic flexibility and asset management efficiency during volatile market conditions. 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.