silver

According to Gate market data, spot silver has plunged 8.00% during the day, currently reported at $76.79 per ounce.

The metal market is experiencing increased volatility, with a divergence in the trends of gold and silver. According to data from the Gate platform, silver (XAG) reached a high of $81.72 in the past 24 hours and is currently reported at $80.90, with a 24-hour increase of approximately 0.37%; gold (XAU) reached a high of $4,733.70 in the past 24 hours and is currently reported at $4,687.53, with prices retreating from their peak.According to CoinGlass data, the performance of metal contract positions on the Gate platform is impressive. Specifically, the 24-hour contract position for silver (XAG) is approximately $68.93 million, ranking among the top globally; the 24-hour contract position for gold (XAU) is approximately $88.82 million, also ranking among the industry leaders. As market volatility expands, funds continue to flow into the precious metals sector, further driving the growth of platform positions.Gate has pioneered the metal contract trading sector, offering 24/7 uninterrupted trading to provide users with greater strategic flexibility and asset management efficiency during volatile market conditions. Gate contracts cover various traditional financial assets, including stocks, metals, foreign exchange, indices, and commodities, supporting trading in core assets such as gold, silver, and globally popular stocks. Gate continues to build a more efficient and professional multi-asset one-stop trading platform for global users.

According to the official announcement, Coinbase has announced the launch of perpetual contracts for gold and silver, open for trading to eligible non-U.S. users. Among them, GOLD-PERP corresponds to 1 troy ounce of spot gold, and SILVER-PERP corresponds to 1 troy ounce of spot silver, both settled in USDC, supporting 24/7 trading, with a maximum leverage of 25 times. Institutional users can trade through Coinbase International Exchange, while retail users can participate via the Coinbase website and app.Coinbase stated that this move is part of its "traditional financial assets on-chain" strategy, aiming to build an "Everything Exchange" that covers crypto assets, traditional assets, and new products.In addition, Coinbase mentioned that it is working with the CFTC to plan the expansion of gold and silver futures trading in the U.S. market to operate 24/7. The company believes this will support weekend hedging, continuous price discovery, and cross-asset strategy trading.

As a CEX platform connecting to Polymarket, Gate's data shows a significant divergence in market expectations regarding the prediction event "Will silver (SI) reach the target price by the end of June?" The probability of reaching $65 by the end of June is 61%, while the probability of being below $60 is 48%. Against the backdrop of macro uncertainty and fluctuations in the metal market, the market's judgment on the price path of metals is becoming cautious, and the long-short game continues to heat up. Meanwhile, according to CoinGlass data, the 24-hour trading volume of silver (XAG) contracts on the Gate platform reached $112 million, ranking among the top globally.In addition, Gate Polymarket has completed a new round of functional upgrades and launched the "Upgrade Experience, Enjoy Up to 5,000 USDT Compensation Benefits" campaign simultaneously. During the event, new users can enjoy up to 100 USDT compensation on their first order, while existing users can receive up to 5,000 USDT in compensation, with a reward pool of 10,000 USDT for the earnings leaderboard. In the trend of accelerating integration between prediction markets and derivatives trading, Gate continues to enrich trading scenarios and strengthen platform liquidity and user participation experience.

According to Gate's market data, gold (XAUUSDT) has fallen below $4,600, currently priced at $4,596.86, with a 24h decline of about 1.66%; silver (XAGUSDT) has fallen below $74, currently priced at $73.77, with a 24h decline of 0.74%. Against the backdrop of gold and silver corrections, overall trading activity has not decreased but rather increased.According to CoinGlass data, the 24-hour contract trading volume for gold (XAU) on the Gate platform reached $230 million, an increase of 122.30%, ranking among the top globally; the 24-hour contract trading volume for silver (XAG) was approximately $315 million, an increase of 213.96%, with an open interest of about $21.5244 million, both ranking among the top two globally.Gate has pioneered the metal contract trading sector, providing 24/7 uninterrupted trading, offering users greater strategic flexibility and asset management efficiency in volatile markets. Gate's contracts cover a variety of traditional financial assets including stocks, metals, foreign exchange, indices, and commodities, supporting trading in core assets such as gold, silver, and globally popular stocks. Gate continues to build a more efficient and professional multi-asset one-stop trading platform for global users.

International gold and silver prices are fluctuating at high levels. According to data from the Gate platform, the current price of gold (XAU) is $4,724.38; the current price of silver (XAG) is $76.47. Despite signs of a temporary easing in the international situation, market risk aversion remains strong, driving active trading and positions in related contracts.According to CoinGlass data, the 24-hour trading volume of Gate XAU contracts reached $41.85 million, an increase of 745.48% compared to the previous period, with a position size of $18.87 million, ranking first in the industry; the 24-hour trading volume of Gate XAG contracts reached $31.89 million, a significant increase of 3429.96%, with a position size of $16.51 million, also ranking among the top in the network. In the context of high-level fluctuations, Gate's trading activity has rapidly increased.Gate has pioneered the metal contract trading sector, providing 24/7 uninterrupted trading, offering users greater strategic flexibility and asset management efficiency in volatile markets. Gate contracts cover various traditional financial assets, including stocks, metals, foreign exchange, indices, and commodities, supporting trading in core targets such as gold, silver, and globally popular stocks. Gate continues to build a more efficient and professional multi-asset one-stop trading platform for global users.

According to Gate market data, U.S. stock index futures and spot gold and silver have plummeted, while international crude oil prices have rapidly surged, with WTI crude oil's increase expanding to 4%.

According to the official announcement, Coinbase International has launched gold and silver perpetual contract trading.The announcement states that gold and silver perpetual contract trading is available for retail traders and institutions in selected jurisdictions.

According to Gate market data, the three major U.S. stock index futures opened higher on Wednesday, with Nasdaq futures rising 0.4%. Spot gold and silver also increased, with gold up 0.1% and silver up 0.5%.

Gold and silver opened slightly lower. Gold (XAU) reached a high of $4,826.60 in 24 hours and is currently at $4,795.56, down 0.49%; silver (XAG) peaked at $81.97 and is currently at $80.28, down about 0.52%. Against the backdrop of fluctuating metal prices, market trading sentiment remains active.According to CoinGlass data, the trading volume of gold (XAU) contracts on the Gate platform reached $79.3635 million in 24 hours, an increase of 326.77%, maintaining industry leadership; the trading volume of silver (XAG) in 24 hours was approximately $55.2903 million, with an increase of 964.24%, also ranking among the industry leaders. In the context of increased price volatility, trading enthusiasm continues to rise, further demonstrating Gate's advantages in liquidity and trading depth in the metal derivatives sector.Gate pioneered the metal contract trading sector, providing 24/7 uninterrupted trading, offering users greater strategic flexibility and asset management efficiency in volatile markets. Gate contracts cover various traditional financial assets, including stocks, metals, foreign exchange, indices, and commodities, supporting trading in core assets such as gold, silver, and globally popular stocks. Gate continues to build a more efficient and professional multi-asset one-stop trading platform for global users.

The metal market has seen a short-term pullback. Among them, international gold (XAUT) reached a high of $4,713.3 and a low of $4,621.1 within 24 hours; international silver (XAG) reached a high of $75.73 and a low of $72.79 within 24 hours. As prices broke through key ranges, market risk aversion sentiment marginally receded, significantly amplifying short-term volatility.According to CoinGlass data, Gate's metal contract trading and positions are actively synchronized. Currently, the position size of XAUT is $42.7135 million; the 24-hour contract trading volume of XAG reached $60.4477 million, a substantial increase of 1640.73% compared to the previous period. Against the backdrop of severe market fluctuations, the competition between bulls and bears has intensified, driving a rapid increase in trading activity.Gate has pioneered the metal contract trading sector, providing 24/7 uninterrupted trading, offering users greater strategic flexibility and asset management efficiency in volatile markets. Gate's contracts cover various traditional financial assets, including stocks, metals, foreign exchange, indices, and commodities, supporting trading in core targets such as gold, silver, and globally popular stocks. Gate continues to build a more efficient and professional multi-asset one-stop trading platform for global users.

According to monitoring by Hyperinsight, the "Silver Iron Head Air Force" whale today reduced its position by approximately $11.4484 million in ETH short positions (6,100 units), realizing a small profit. Currently, it still holds about 5,126 ETH short positions, valued at approximately $11 million, with an entry average price of $2,237.4 and a liquidation price of $3,079.42. It is reported that this whale has been continuously increasing its short position since opening an ETH short with 20x leverage on April 1, and has set up short limit orders, with the position size once exceeding 10,000 ETH, valued at over $20 million.This whale does not hold a single-direction position but is engaging in swing trading: currently, it has set up 5,126.93 ETH long positions in the $2,180--$2,200 range, while also setting up 10,869.56 ETH short positions in the $2,260--$2,340 range.

According to Gate market data, spot gold has risen by $130 during the day, currently reported at $4836.88 per ounce, an increase of 2.8%. Spot silver is currently reported at $76.65 per ounce, with a daily increase of 5.1%.

According to Gate market data, the current spot silver price is $72.05 per ounce, with a daily decline of 3.95%. The current spot gold price is $4675.45 per ounce, with a daily decline of 1.72%.

According to Gate market data, after the release of U.S. economic data, spot gold rose to $4,620 per ounce, with a daily increase of 2.42%. The daily increase of spot silver expanded to over 5%, currently reported at $73.7 per ounce. Meanwhile, the U.S. dollar index DXY briefly fell below the 100 mark.

According to monitoring by Hyperinsight, the short-selling "Silver Iron Head Air Force" whale (0x61c) briefly opened short positions in BTC and ETH, with average entry prices at $67,500 and $2,055, respectively, totaling about $4 million in positions.Meanwhile, this address has densely placed limit orders above, with a total of 200 orders amounting to approximately $29 million, waiting for price increases to trigger:BTC: Sell orders of about $20 million set in the range of approximately $68,000 to $70,000;ETH: Sell orders of about $5 million set in the range of approximately $2,080 to $2,120.In addition, this address has also placed 100 buy orders below the BTC price range of approximately $62,000 to $63,000, planning to gradually take profits as that range is reached.

According to Cointelegraph, Robert Kiyosaki, the author of "Rich Dad Poor Dad," stated that he will not invest in any assets that can be printed by the government, banks, or Wall Street, insisting on investing in physical assets such as gold, silver, Bitcoin, and Ethereum.