Gold and silver prices posted modest gains on Oct. 26, according to CoinGlass, while trading activity in related derivatives picked up sharply on Gate. Spot gold (XAU) was quoted at about $4,021.5, up 0.57% over 24 hours, and silver (XAG) traded near $54.35, up 1.34% in the same period. In the futures market, Gate’s XAU contract recorded roughly $179 million in 24-hour trading volume, a 124.59% increase, while its XAG contract reached about $123 million, up 189.21%. Both ranked second worldwide by trading volume. Open interest also remained elevated, with Gate’s XAU contract at $446 million and XAG at $163 million, placing both among the industry leaders. Gate said it offers precious metals perpetual contracts and CFD products covering major metals such as gold, silver and platinum, with 24/7 trading and USDT settlement. Through its unified account system, users can access a wider range of assets including stocks, metals, forex, indices and commodities without switching across platforms.
Gold and silver prices moved modestly higher on Oct. 26, while derivatives trading in both metals stayed active, according to CoinGlass data cited by Odaily.
Gold (XAU) was quoted at about $4,021.5, up 0.57% over the past 24 hours. Silver (XAG) traded at about $54.35, a 1.34% gain over the same period.
Gate’s XAU and XAG contracts rank second worldwide by volume
In the derivatives market, trading in XAU and XAG continued to heat up over the past 24 hours. Gate’s XAU contract posted about $179 million in trading volume, up 124.59%, while its XAG contract reached about $123 million, up 189.21%.
Both contracts ranked second globally by trading volume. At the same time, open interest in Gate’s XAU contract stood at $446 million, and XAG open interest was $163 million, with both described as being among the top tier in the industry.
Gate offers metals perpetuals and CFD products
Gate said it launched a metals perpetual contract and CFD trading section covering major metals including gold, silver and platinum. The products support 24/7 trading and USDT settlement.
Using Gate’s unified account system, users can allocate across stocks, metals, foreign exchange, indices and commodities without operating across multiple platforms, allowing for a one-stop global multi-asset strategy setup.
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