Gate launches the "Precious Metals Zone," with gold and silver perpetual contracts supporting 50X leverage and 24/7 trading.

Odaily Planet Daily reports that the digital asset trading platform Gate has launched a “Precious Metals Zone,” offering the first batch of XAU (gold) and XAG (silver) USDT perpetual contracts, supporting up to 50x leverage, and providing 24/7 continuous trading. The relevant contracts will be open from 17:00 on January 14 (UTC+8). Users can access the zone and participate in trading through the Gate official website or app.

In terms of product mechanism, the Gate precious metals perpetual contract index is based on the 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 crypto market derivatives.

In a market environment where precious metals prices are strengthening, and risk hedging attributes and volatility coexist, Gate introduces gold and silver into the crypto trading system in the form of standardized perpetual contracts, expanding the asset boundaries of crypto contracts and providing new tools for cross-market capital allocation and trading strategies.

Gate stated that it will continue to explore more paths for the tokenization of traditional assets, gradually enriching trading scenarios for indices, commodities, and other diversified derivatives within a compliant and risk-controlled framework.