Gate’s Gold and Silver Contracts Rank Second Globally by Volume

Gate’s gold and silver contracts ranked second worldwide by 24-hour trading volume as of Oct. 26, as both metals recorded price gains during the same period.

Gold (XAU) was about $4,021.5, up 0.57% over 24 hours. Silver (XAG) was about $54.35, up 1.34%. These changes cover a 24-hour period, not Monday’s trading session alone.

Gate’s gold contract volume reached about $179 million, a 124.59% increase. Silver contract volume was about $123 million, up 189.21%. Open interest, the value of outstanding contracts, stood at about $446 million for gold and $163 million for silver; both amounts were among the industry’s highest.

Gate offers perpetual and contract-for-difference trading in gold, silver and platinum. The metals contracts support round-the-clock trading and USDT settlement.