Precious Metals Trading Heats Up with Over $1.5 Billion in Gold and Silver Contracts

Precious Metals Continue to Gain Momentum

On January 29, according to monitoring data, precious metal trading remained strong over the past 24 hours, with gold and silver contracts showing impressive trading volumes.

• The combined trading volume of gold token PAXG and gold-mapped GOLD contracts reached $323 million, with an open interest of $258.7 million.
• The silver-mapped SILVER contracts recorded a 24-hour trading volume of $1.221 billion, with an open interest of $238.1 million.

Copper Contracts Also Active

In addition, copper-mapped COPPER contracts saw a 24-hour trading volume of $45.12 million, with an open interest of $104.7 million.