Gold and silver prices recover in tandem, with Gate’s metal trading metrics ranking near the top
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AT A GLANCE
CoinGlass data showed that XAUT、XAG and PAXG both rose within 24 hours, while some of Gate’s related contract metrics ranked near the top.
Article
Gold and silver prices recover in tandem, while Gate’s multiple metal trading metrics rank among the market leaders
PANews October 28 reported that CoinGlass data showed gold (XAUT) currently quoted at 4,043.73 USD，24-hour gain of 0.78%, with total open interest in contracts across the market of approximately 856000000 USD’s XAUT contract open interest was approximately 159500000 USD), currently quoted at XAG) currently quoted at 54.20 USD，24-hour gain of 0.65%, with total market open interest of approximately 675000000 USD；Gate XAG contracts, with 24-hour trading volume of approximately 253540000 USD, ranking third across the market. In addition,PAX Gold（PAXG) currently quoted at 4,053.65 USD，24-hour gain of 0.81%, with total market open interest of approximately 277000000 USD. Among them, Gate PAXG contract open interest was approximately 2,709...
Key points
01
XAUT currently quoted at 4,043.73 USD，24-hour gain of 0.78%, with total open interest in contracts across the market of approximately 856000000 USD。
02
Gate XAUT contract open interest was approximately 159500000 USD, ranking second across the market.
03
XAG currently quoted at 54.20 USD，24-hour gain of 0.65%, with total market open interest of approximately 675000000 USD。
04
Gate XAG contract 24-hour trading volume of approximately 253540000 USD, ranking third across the market.
05
PAXG currently quoted at 4,053.65 USD，24-hour gain of 0.81%, with total market open interest of approximately 277000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
The report cited CoinGlass data, stating that the prices of three gold- or silver-related assets all recovered within 24 hours. Gate ranked near the top in XAUT contract open interest and XAG contract trading volume, but the original text’s PAXG related open-interest data was truncated.
Why it matters to readers
Price increases reflect short-term market changes at the time described in the report; contract open interest and trading volume can be used to observe the scale and activity of related trading.
Beginners can use this to understand indicators such as price gains and losses, contract open interest, and trading volume, but a single 24-hour data point cannot independently indicate subsequent trends.
Risks and unknowns
PAXG Some content is truncated with “2,709...”, so the complete value and related ranking of Gate’s PAXG contract open interest cannot be confirmed.
The evidence does not provide the original CoinGlass page, so the listed data cannot be independently verified within this material.
These prices, open-interest figures, and trading volumes reflect only the time described in the report; whether the subsequent rise will continue is unknown.
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Related concepts
24-Hour Gain
This term is not in the glossary yet. Browse related concepts in the glossary.
Synonymous with trading volume, referring to the number of asset units traded within a given period; it may also be expressed by the traded asset or the quote currency.
