Gate News reported that on March 25, according to market data, international oil prices continued to decline during Asian trading hours, while spot precious metals strengthened. Spot gold intraday gains expanded to 2%, trading at $4,563 per ounce; spot silver gains expanded to nearly 4%.

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.

Gate News: On March 24, data shows that spot silver broke through the $70/ounce round number level, currently trading at $70.038, with an intraday gain of 1.38%.

Gate News reports that on March 24, market data shows that spot silver fell 4% intraday, currently trading at $66.33 per ounce.

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

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 reported that on March 23, rising silver prices drove up U.S. stock silver-related targets. In terms of silver ETFs (exchange-traded funds), ABRDN Physical Silver Shares ETF rose 1%, Global X Silver Miners ETF rose 4.1%, and iShares Silver Trust rose 1.1%. In terms of silver mining stocks, Hecla Mining rose 3.3%, Coeur d'Alene Mines rose 3.5%, SilverCrest Metals rose 5%, and Endeavour Silver rose 2.6%.

Recently, the metal market has experienced a pullback, with international gold reaching a high of $4,534.8 and currently trading at $4,145.4; international silver peaked at $69.66 and is now trading at $61.31. Trading volume on Gate platform's metal contracts has grown significantly, with XAUT and XAG transaction volumes reaching $100 million and $130 million respectively, showing substantial month-over-month increases.

Gate News reported that on March 23, spot silver prices fell to $61/oz, with an intraday decline of 10.17%. NYMEX silver futures also declined sharply, with an intraday drop of 12.00%, currently trading at $61.29/oz.

Gate News bot message, on-chain trader 0xacb6, identified as the largest gold and silver short position holder, has gained $8.45M amid declining gold and silver prices. The trader currently holds 7,345 xyz:GOLD worth $30.7M and 176,033 xyz:SILVER valued at $10.87M.