Gold prices have returned above $5,000, and the Gate XAU futures contract trading volume ranks among the top three globally.

ChainCatcher Message: The gold (XAU) market is showing a high-level oscillation trend. Today’s opening price is $5,034.53, with the highest reaching $5,046.36 during the session and the lowest dropping to $4,970.00. As of press time, gold prices are fluctuating narrowly around $5,000.50, with a slight 0.61% increase over the past 24 hours.

According to CoinGlass data, the total 24-hour trading volume of gold contracts across the entire network reached $924 million, with open interest rising to $231 million, a 9.73% increase compared to the previous period. Among them, Gate’s gold trading activity is particularly prominent, with 24-hour trading volume of XAU contracts reaching $56.4092 million, ranking among the top three globally.

Currently, Gate has pioneered the Metal Contract sector, offering 24/7 trading and USDT settlement mechanisms, continuously providing users with an efficient, flexible one-stop metal trading experience to support cross-market asset allocation and strategic planning. Additionally, Gate TradFi has opened trading access via both APP and Web platforms, covering CFD trading services for silver, gold, forex, indices, commodities, and some popular stocks, with leverage up to 500x.