Coinbase has launched 24/7 trading for US-regulated gold and silver futures through the Coinbase Derivatives Exchange.
Summary
- Coinbase launched 24/7 trading for US-regulated gold and silver futures.
- Eligible traders can access contracts for one ounce of gold and 50 ounces of silver.
- The launch supports Coinbase’s “Everything Exchange” strategy beyond digital assets.
The new products allow eligible US traders to access precious metals almost every day, including weekends and holidays. The launch expands Coinbase beyond digital assets and adds traditional commodities to its always-on trading infrastructure.
Coinbase opens 24-hour metal trading
Eligible traders can now buy and sell regulated gold and silver futures through participating brokers. The contracts include one troy ounce of gold and 50 troy ounces of silver. Coinbase listed Interactive Brokers and NinjaTrader among the platforms offering access to the products.
The launch changes the way some US traders access precious metals futures. Traditional commodity markets They typically follow set business hours and take a break during weekends or holidays. Coinbase’s structure gives traders more time to react to economic data, geopolitical events, and market-moving headlines.
Coinbase CEO Brian Armstrong addressed the launch in a social media post. The company presented the measure as another step from the always open market model of cryptocurrencies towards traditional finance. Coinbase said continuous trading can support price discovery and give traders more flexibility during uncertain market periods.
Gold and silver remain important stores of value in global markets. Market estimates place the value of gold at over $13 trillion, while silver is over $1 trillion. Demand for both metals has remained strong during inflation concerns, central bank buying and geopolitical tensions.
The launch fits with Coinbase’s everything-sharing strategy
As revealed in our report, the new futures products fit with Coinbase’s plan to build a “All application.“Over the past two years, the company has expanded into derivatives, perpetual futures, and equity-linked products. The addition of precious metals brings more traditional asset exposure to Coinbase-linked infrastructure.
Coinbase has already offered gold and silver perpetual futures for eligible non-US users. Those products are settled in USDC and serve traders who prefer access to the crypto-native market. The launch of futures in the US adds regulated commodity products for domestic traders through the derivatives market.
The structure may also reduce barriers to entry for some commodity traders. Precious metal futures have often served institutional traders due to contract sizes and brokerage requirements. Coinbase’s smaller contract design offers retail and professional traders another route to exposure to gold and silver. For traders, the core change comes from timing. They can manage exposure to metals without waiting for normal market sessions to reopen.
