Coinbase has launched 24/7 trading for US-regulated gold and silver futures through the Coinbase derivatives exchange.
summary
- Coinbase has launched 24/7 trading for US-regulated gold and silver futures.
- Eligible traders have access to 1-ounce gold contracts and 50-ounce silver contracts.
- The launch supports Coinbase’s “exchange everything” strategy beyond digital assets.
The new products allow qualified US traders access to precious metals almost every day, including weekends and holidays. This launch expands Coinbase beyond digital assets and adds traditional commodities to its always-on trading infrastructure.
Coinbase opens metal trading around the clock
Qualified traders can now buy and sell gold and silver futures through participating brokers. The contracts include 1 troy ounce of gold and 50 troy ounces of silver. Coinbase has listed Interactive Brokers and NinjaTrader among the platforms offering access to the products.
The launch changes how some US traders access precious metals futures. traditional Commodity markets It usually follows set trading hours and pauses during weekends or holidays. Coinbase’s structure gives traders more time to react to economic data, geopolitical events, and headlines that move the market.
Brian Armstrong, CEO of Coinbase, spoke about the launch in a social media post. The company presented this move as another step from the always-open market model of cryptocurrencies to traditional finance. Continuous trading can support price discovery and give traders more flexibility during unstable market periods, Coinbase said.
Gold and silver remain major stores of value in global markets. Market estimates indicate that the value of gold exceeds $13 trillion, while the value of silver exceeds $1 trillion. Demand for both metals has remained steady through inflation fears, central bank purchases, and geopolitical tensions.
The launch fits Coinbase’s everything-exchange strategy
As revealed in our report, the new futures products fit into Coinbase’s plan to build a “Everything app.“Over the past two years, the company has expanded to include derivatives, perpetual futures, and equity-linked products. The addition of precious metals brings more exposure to traditional assets to the infrastructure associated with Coinbase.
Coinbase has already offered perpetual gold and silver futures contracts for eligible users outside the US. These products are settled in USDC and serve traders who prefer access to native cryptocurrency markets. The launch of US futures adds regulated commodity products to local traders through a derivatives exchange.
The structure may also reduce access barriers for some commodity traders. Precious metals futures often serve institutional traders due to contract sizes and brokerage requirements. Coinbase’s smaller contract design gives retail and professional traders another avenue to gain exposure to gold and silver. For traders, the central change comes from timing. They can manage exposure to metals without waiting for normal market sessions to reopen.
