ChainCatcher reports that due to the ongoing uncertainty in the global situation, gold and silver experienced significant volatility and rapid declines today. According to Gate data, gold (XAUT) is currently priced at $5,153.20, with a 24-hour high of $5,339.00 and a low of $4,980.50; silver (XAG) is at $85.42, with a 24-hour high of $90.31 and a low of $77.99, with market fluctuations significantly amplified during the session.
Data from CoinGlass shows a clear increase in activity in the gold and silver contract markets. Specifically, Gate’s XAUT 24-hour trading volume reached $120 million, up 23.53%, ranking among the top three in the industry; XAG’s 24-hour contract trading volume exceeded $2.331 billion, up 18.09%, ranking second, indicating that capital is accelerating to deploy metal trading opportunities amid intense volatility.
Gate pioneered the metal contract trading sector, offering 24/7 continuous trading to provide users with greater strategic flexibility and asset management efficiency during volatile market conditions. Additionally, Gate TradFi offers XAUUSD (gold) and XAGUSD (silver) spread contracts, covering multiple leverage options, including gold at 20x/100x/200x and silver at 10x/20x/50x, enhancing strategic flexibility while further optimizing the overall trading experience.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Sky (SKY) Token Surges After Governance Vote Cuts Emissions and Expands USDS Stablecoin Credit Infrastructure
SKY rose 10% after the network cut staking emissions and continued buybacks, tightening supply across the market.
Sky expanded the USDS credit infrastructure as lower token issuance and steady buybacks supported bullish market momentum.
SKY, the governance token of the DeFi protocol
CryptoNewsFlash1h ago
POP increased by 79.67% after launching Alpha, current price is 0.0019490 USDT
Gate News bot message, Gate market display, since launching Alpha, POP has increased by 79.67%, current price is 0.0019490 USDT.
CryptoRadar2h ago
Trump Has Sought Iran's Unconditional Surrender, Crypto Prices React with Heavy Dips
US President Trump demands Iran's unconditional surrender, potentially prolonging conflict. This uncertainty has led to significant declines in cryptocurrency and major stock indexes, while gold and silver prices have seen slight gains.
TheNewsCrypto4h ago
Dogecoin Price Jumps as Derivatives Demand Signals Breakout
Key Insights
Dogecoin surged to a weekly high of $0.103 as improving market sentiment and strong derivatives demand encouraged traders to position for further gains.
Futures data from CoinGlass showed a positive funding rate, indicating long traders are paying premiums while positioning for
CryptoFrontNews4h ago
Pi Network Eyes DEX Launch as Price Jumps 35% This Week
Pi Network news today reports that it is seeing renewed attention. As its ecosystem prepares for a major update. Over the past week, the Pi coin price has surged by more than 35%. It is driven by strong retail demand and growing excitement around upcoming upgrades. The latest momentum comes as the n
Coinfomania5h ago
BTC breaks through $68,000, down 0.72% intraday
Gate News Report, March 7th, BTC broke through the $68,000 mark, down 0.72% for the day.
GateNews6h ago
