Gate launched the "Precious Metals Zone," supporting 50X leverage for gold and silver perpetual contracts, available for trading 24/7

The digital asset trading platform Gate has launched the "Precious Metals Zone," introducing the first batch of XAU (Gold) and XAG (Silver) USDT perpetual contracts, supporting up to 50x leverage, and providing 24/7 uninterrupted trading. The related contracts will be open for trading on January 14 at 17:00 (UTC+8), and users can participate in trading through the Gate official website or App.
In terms of product mechanism, the Gate precious metals perpetual contract index references prices from multiple comprehensive precious metals trading markets, enhancing pricing transparency and stability, providing a reliable price basis for contract trading, and balancing traditional financial asset pricing logic with the risk control needs of the crypto market derivatives.

In a market environment where precious metal prices are strong, with both safe-haven properties and volatility, Gate introduces gold and silver in the form of standardized perpetual contracts into the crypto trading system, expanding the asset boundaries of crypto contracts and providing new tool options for cross-market capital allocation and trading strategies.

Gate stated that it will continue to explore more paths for the cryptoization of traditional assets in the future, gradually enriching the trading scenarios of indices, commodities, and other diversified derivatives under a compliance and risk control framework.