Gate News: According to the latest Gate TradFi data, XAGUSD (Silver) has surged by 2% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.

China's Guotou Ruiyuan Silver Futures Fund will halt trading due to high premiums on its shares, effective until April 16, 2026, at 10:30 a.m. Investors are warned of potential losses from excessive premiums. Trading may be further suspended if premium issues persist.

Spot Silver reached $80 per ounce on April 15, achieving a 0.58% intraday gain, marking its highest price since March 18, according to Jin10.

GMX has launched 24/7 gold and silver perpetual markets on Arbitrum, achieving over $10 million in trading volume on day one. Utilizing Chainlink Data Streams for secure pricing, GMX aims to expand into real-world asset derivatives. This move highlights the trend of decentralizing commodity trading.

Gate News: According to the latest Gate TradFi data, XAGUSD (Silver) has surged by 4% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.

On April 13, gold and silver prices fell to $4,732.92 per ounce and $74.209 per ounce, respectively. The BTC volatility index rose by 0.42%, and the ETH volatility index rose by 0.31%. The U.S. dollar versus the Chinese yuan and the Japanese yen edged up slightly, major European stock indexes generally fell, while WTI and Brent crude oil prices rose. The Gate platform supports trading for multiple asset types.

Bloomberg strategist Mike McGlone says that after a big surge in 2025, Bitcoin could face a sharp pullback, while similar risks exist for silver, gold, copper, natural gas, and crude oil—especially if crude oil prices spike, which could trigger even larger market ripple effects.

On April 13, the precious metals market was under pressure, with gold and silver prices falling by 0.86% and 1.70%, respectively. The crypto market volatility index rose, the U.S. dollar against the Chinese yuan and the yen edged up, crude oil prices surged significantly, with WTI up 8.99%. The Gate platform supports trading a variety of traditional financial products.

Gate News: According to the latest Gate TradFi data, XAGUSD (Silver) has dropped by 2% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.

Gate News message, A whale identified as "0x9e8" closed the majority of its $SILVER long position with 20x leverage and opened a 95,577 $CL long position with 20x leverage valued at $9 million over the past 5 hours. This trading activity occurred as the U.S.-Iran negotiations did not reach success.