Gold and silver prices retreated from their highs, with increased volatility in Gate XAUT and XAG contracts.

According to ChainCatcher, the metals market experienced a short-term pullback. International gold (XAUT) reached a high of $4,713.3 and a low of $4,621.1 in the past 24 hours; international silver (XAG) reached a high of $75.73 and a low of $72.79 in the past 24 hours. As prices broke below key levels, market risk aversion subsided, leading to significantly increased short-term volatility. CoinGlass data shows that Gate.com's metals contract trading and open interest are both active. XAUT currently has $42.7135 million in open interest; XAG's 24-hour contract trading volume reached $60.4477 million, a significant increase of 1640.73% compared to the previous period. Amidst this volatile market, the battle between bulls and bears has intensified, driving a rapid increase in trading activity. Gate.com pioneered a metals contract trading platform, offering 24/7 uninterrupted trading, providing users with greater strategic flexibility and asset management efficiency in volatile markets. Gate contracts cover a wide range of traditional financial assets, including stocks, metals, forex, indices, and commodities, supporting trading in core assets such as gold, silver, and popular global stocks. Gate continues to build a more efficient and professional one-stop trading platform for multi-asset trading for users worldwide.