According to CoinMeta, the trading volume of the XAU contract on the Gate platform is approximately 641 million US dollars, ranking second among global centralized exchanges, while the open interest is about 308 million US dollars, ranking third globally. On November 3rd, the price of gold ( XAU ) was reported at around 3,956.01 US dollars, with a gain of 0.99%; the price of silver ( XAG ) was reported at around 50.42 US dollars, with a gain of 0.74%. The precious metals derivatives market was active, and Gate also offers perpetual contracts for metals such as gold, silver, and platinum, as well as CFD contract trading, supporting 24/7 trading and USDT settlement.