PANews reported on February 9th that after a rapid rise, international silver prices have entered a period of high-level consolidation, with significantly increased volatility. Market data shows that silver reached a 24-hour high of $81.62, with a daily gain of 3.94%. Amidst fluctuating expectations for industrial demand and a mix of risk aversion, silver, as an asset possessing both industrial and precious metal attributes, has once again become the focus of market attention.

According to CoinGlass data, the 24-hour trading volume of XAG (silver) on the Gate platform reached $2,414.60, ranking among the top three globally, with both platform liquidity and market activity strengthening simultaneously.

Currently, Gate pioneered the metals contract section, offering 24/7 trading and a USDT settlement mechanism, continuously providing users with an efficient and flexible one-stop metals trading experience, and facilitating cross-market asset allocation and strategy development. In addition, Gate TradFi has opened trading access on both its app and web platforms, comprehensively covering CFD trading services for silver, gold, forex, indices, commodities, and some popular stocks, supporting leverage up to 500x.