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CME Launches 24/7 1‑Ounce Gold Futures After Busy Inaugural Weekend

The always-on contract attracted nearly 15,000 trades worth about $60 million and is prompting close attention to off-hours liquidity and regulatory oversight.

Overview

  • CME began 24/7 trading for its 1‑Ounce Gold futures on July 26, 2026, and reported nearly 15,000 contracts traded over the inaugural weekend, roughly $60 million in notional value.
  • The contract is pitched as a 'right-sized' and capital-efficient option for retail and global traders that lets customers trade regulated gold futures at any hour.
  • CME said the 1‑Ounce product averaged 87,000 contracts a day in the first half of 2026 and that its metals business set a record with 1.3 million contracts traded daily, up 55% year-on-year, providing scale behind the rollout.
  • Regulatory scrutiny is now in focus after the CFTC placed a temporary stay on CME’s always-on crude contract in early July, with watchdogs and market participants watching settlement, margining, surveillance and off-hours liquidity for the new gold hours.
  • Market observers will track continued weekend and overnight depth, broader adoption by retail platforms and any effect on gold pricing, since early activity could support higher near-term price expectations if sustained.