Digital asset trading platform Gate has launched a "Precious Metals Zone," initially offering XAU (gold) and XAG (silver) USDT-margined perpetual contracts. These contracts support leverage up to 50x and provide 24/7 trading. The contracts opened on January 14th at 17:00 (UTC+8), and users can access the zone through the Gate website or app. In terms of product mechanism, the Gate Precious Metals Perpetual Contract Index references prices from multiple comprehensive precious metals trading markets, enhancing pricing transparency and stability, providing a reliable price basis for contract trading, and balancing the pricing logic of traditional financial assets with the risk control needs of crypto market derivatives. In a market environment characterized by strong precious metal prices and the coexistence of safe-haven attributes and volatility, 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 ways to encrypt traditional assets in the future, and gradually enrich the trading scenarios of diversified derivatives such as indices and commodities under the framework of compliance and risk control.