silver

CryptoQuant data shows that Binance's TradFi perpetual contract trading volume has exceeded 130 billion USD, with gold and silver dominating the trading activity.

According to Caixin, the Hong Kong Customs announced the recent bust of two suspected air cargo smuggling cases involving precious metals at Hong Kong International Airport, seizing approximately 168 kilograms of suspected gold flakes and about 285 kilograms of suspected silver flakes, with an estimated total market value of around HKD 230 million. Based on the market value of the smuggled goods, this is the largest case of smuggling precious metals recorded by Customs.According to the Hong Kong Import and Export Ordinance, smuggling is a serious crime. Anyone who imports or exports goods not listed on the manifest, upon conviction, can be fined up to HKD 2 million and imprisoned for 7 years.

The overall trading in the metal market remains active. Among them, international gold (XAUT) reached a maximum of $5,152.6 in 24 hours, while international silver (XAG) peaked at $85.54 in the same period. Against the backdrop of high price fluctuations, the trading activity of Gate metals continues to rise, with both gold and silver contract transaction volumes ranking among the top three globally.According to real-time data from CoinGlass, the 24-hour transaction volume for Gate gold (XAUT) reached $95.89 million, while silver (XAG) exceeded $191 million, with both metal products consistently ranking in the top three globally. In the context of ongoing global macro uncertainty and persistent demand for safe-haven assets, the trading activity of metal assets continues to increase.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 various traditional financial assets, including stocks, metals, foreign exchange, indices, and commodities, supporting trading in core targets 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.

Payment technology company Silverflow announced the completion of a $40 million Series B funding round, led by Picus Capital, with participation from Rabo Investments, a subsidiary of Rabobank, Inkef, Crane, Coatue, and GPT. Its platform offers cloud-native payment processing solutions, supporting features such as network tokenized payments and direct card payments.The company previously raised $16.3 million in funding led by Global Paytech Ventures.

Due to the repeated impact of global geopolitical uncertainties, gold and silver experienced significant fluctuations today and quickly retreated. According to Gate data, gold (XAUT) is currently priced at $5,153.2, with a 24h high of $5,339.0 and a low of $4,980.5; silver (XAG) is currently priced at $85.42, with a 24h high of $90.31 and a low of $77.99, showing a significant increase in intraday volatility.According to CoinGlass data, the market activity for gold and silver-related contracts has noticeably increased. Among them, the 24-hour trading volume for XAUT on the Gate platform reached $120 million, up 23.53%, ranking among the top three in the industry; the 24-hour trading volume for XAG exceeded $2.331 billion, up 18.09%, ranking second, indicating that funds are accelerating their positioning in metal trading opportunities amid significant fluctuations.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. Additionally, Gate TradFi offers XAUUSD (gold) and XAGUSD (silver) contract trading, covering multiple leverage products, including gold at 20x/100x/200x and silver at 10x/20x/50x, further optimizing the overall trading experience while enhancing strategic flexibility.

According to Jinshi reports, as the conflict in the Middle East has led to the suspension of most air transport to and from Dubai, the circulation of gold and silver globally is facing serious disruptions. Traders indicate that this situation may further exacerbate the already highly volatile precious metal prices this year. Dubai is a significant hub for precious metal transportation, with about 20% of the world's gold circulation passing through the region last year. John Reade, senior market strategist at the World Gold Council, stated that the availability of gold supply has become an issue.

According to Gate's market data, spot silver plummeted 8% during the day, falling below $82 per ounce.

According to monitoring by HyperInsight, the risk-hedging portfolio deployed by the whale starting with 0x7c9 has encountered two-way losses within the day, with a capital drawdown exceeding $500,000. Currently, its account net worth is approximately $1.88 million, while the total position size remains as high as $14.07 million.This whale previously held a heavy position of about $8 million in GOLD (gold-mapped contracts) and SILVR (silver-mapped contracts) long positions, while also maintaining a package of short positions worth about $6 million, covering 102 cryptocurrencies, including mainstream coins like BTC and ETH, as well as various altcoins, attempting to hedge against extreme risks. However, the market trend has completely diverged from its preset direction: precious metals have declined during the day, while the crypto market has shown some recovery. Both long and short positions are under pressure, and all previous floating profits have been fully reversed.

According to Gate market data, spot silver has fallen below $85 per ounce, currently reported at $84.08 per ounce, down 5.95% for the day. Spot gold is currently reported at $5302.79 per ounce, down 0.35% for the day.

According to CoinGlass data, the market activity of gold (XAUT) and silver (XAG) has significantly increased. Among them, the trading volume of XAUT contracts exceeded $3.684 billion, with an increase of 80.88%; the trading volume of XAG contracts surpassed $3.651 billion, with an increase of 71.05%, and the total open interest across the network is approximately $247 million. Notably, the trading volume of XAUT contracts on the Gate platform exceeded $94.2 million, ranking third globally; the open interest of XAG surpassed $20.45 million, ranking among the top three globally; and the number of XAG contract trades exceeded 455,800, ranking second globally.Gate has pioneered the metal contract trading sector, providing 24/7 uninterrupted trading, which offers users greater strategic flexibility and asset management efficiency in volatile markets. Additionally, Gate TradFi offers XAUUSD (gold) and XAGUSD (silver) contract for difference trading, being the first in the industry to launch a multi-leverage trading mechanism. The first batch includes XAUUSD20 (gold 20x), XAUUSD100 (gold 100x), and XAUUSD200 (gold 200x) contract for difference products, along with new silver products XAGUSD10 (silver 10x), XAGUSD20 (silver 20x), and XAGUSD50 (silver 50x), further optimizing the overall trading experience while enhancing strategic flexibility.

According to Gate market data, spot silver has fallen below $92/ounce, down 1.94% for the day.

According to Gate market data, spot silver has surged 6.00% today, currently priced at $93.58 per ounce. New York silver futures have skyrocketed 7.00% today, currently priced at $93.72 per ounce.

The Gate Research Institute recently released the report "Cryptocurrency Market Review for January 2026," which points out that in January, the market capitalization distribution of stablecoins on public chains remains highly concentrated. Ethereum accounts for more than half of the share, continuing its position as a core clearing and DeFi liquidity hub; Tron firmly holds second place, playing a key role as a high-frequency settlement channel in cross-chain payments and token transfers.In terms of macro assets, gold and silver prices have risen to historical highs, driving significant expansion in the tokenized commodity sector. The total market capitalization of related tokens has surpassed $5 billion, with an increase of over 35% in the past 30 days, and monthly on-chain transfer volume exceeding $13 billion, with gold-related tokens being the main growth driver. Meanwhile, the trading volume in prediction markets reached a new high of $12 billion in January, with total on-chain transaction fees exceeding $11 million. With the support of incentive mechanisms and short-cycle high-frequency contracts, trading activity and protocol revenue have both increased.On the capital side, the Web3 industry completed a total of 53 financing rounds in January, with a cumulative scale of approximately $1.82 billion, primarily flowing into blockchain services and CeFi-related sectors.In terms of security, Web3 risk events exhibit a "few large amounts, dispersed small amounts" loss structure. Contract vulnerabilities remain the primary source of risk, accounting for 34.5%; among them, Step Finance suffered a supply chain attack, resulting in asset losses of approximately $40 million, making it the largest security incident of the month.

According to Gate market data, spot silver has broken through 90 USD/ounce, with a daily increase of 1.97%.

According to CoinGlass data, the market activity of silver (XAG) has significantly increased, with a contract trading volume reaching 3.112 billion USD, a rise of 27.30%, and a total contract open interest of approximately 239 million USD. Among them, the open interest on the Gate platform exceeds 16.53 million USD, ranking among the top three 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. Currently, Gate contracts comprehensively cover various asset categories including metals, stocks, foreign exchange, commodities, and indices, encompassing a wide range of contract trading targets such as gold, silver, platinum, crude oil, Tesla, Microsoft, and more, with a maximum leverage support of 100x, assisting users in achieving cross-market and multi-asset strategy layouts.

According to Gate market data, spot silver has reached up to 90 USD/ounce, currently reported at 90.21 USD/ounce, with a daily increase of 2.76%.

According to Zero Hedge citing Bloomberg terminal data, Jane Street increased its holdings in the iShares Silver ETF SLV by a record 20.6 million shares in the fourth quarter, making it the largest holder of this ETF.Zero Hedge states that investors should be aware of the potential financial engineering and market manipulation behind the fluctuations in silver prices.