Svmuu News: On July 13, the metals market experienced a sharp, synchronized decline, with silver falling more sharply than gold. According to data from the Gate platform, gold (XAU) is currently trading at $4,061.40 (-1.19%), having hit a 24-hour low of $4,055.42; silver (XAG) is currently trading at $58.22 (-2.69%), with a 24-hour low of $58.10. CoinGlass data shows that Gate’s XAU contract open interest reached $168 million, ranking among the top two in the industry, with a 24-hour trading volume of $61.8691 million; Gate XAG futures open interest reached $51.5267 million, also ranking among the top two in the industry, with 24-hour trading volume reaching $33.4646 million.
Gate pioneered the trading of precious metals perpetual contracts and CFDs, covering major metals such as gold, silver, and platinum, and supporting 24/7 trading with USDT settlement. Leveraging Gate’s innovative unified account system, users can allocate a diverse range of assets—including stocks, metals, forex, indices, and commodities—without having to switch between platforms, enabling them to implement more flexible and efficient one-stop global asset strategies amid volatile market conditions.