Coinbase has launched 24/7 trading of US-regulated gold and silver futures via Coinbase Derivatives Exchange.
Summary
- Coinbase has launched 24/7 trading of US-regulated gold and silver futures.
- Eligible traders can access 1 ounce gold and 50 ounce silver contracts.
- The launch supports Coinbase’s “Everything Exchange” strategy beyond digital assets.
The new products allow eligible U.S. traders access to precious metals almost every day, including weekends and holidays. The launch expands Coinbase beyond digital assets and adds traditional commodities to its permanent trading infrastructure.
Coinbase opens 24-hour metals trading
Eligible traders can now buy and sell regulated gold and silver futures contracts 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 U.S. traders access precious metals futures. Traditional commodity markets typically follow fixed trading hours and take a break during weekends or holidays. Coinbase’s structure gives traders more time to react to economic data, geopolitical events, and headlines that evolve in the market.
Coinbase CEO Brian Armstrong addressed the launch in a social media post. The company presented this development as another step in crypto’s always-open market model 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 gold at a value above $13 trillion, while silver exceeds $1 trillion. Demand for both metals remained firm despite inflation concerns, central bank purchases and geopolitical tensions.
Launch Fits Coinbase’s Exchange of Everything Strategy
As revealed in our report, the new futures products fit Coinbase’s plan to create an “app for everything.” 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 exposure to assets on Coinbase-related infrastructure.
Coinbase has previously offered perpetual gold and silver futures contracts to eligible non-US users. These products settle in USDC and serve traders who prefer access to the crypto-native market. The launch of U.S. futures adds regulated commodity products for domestic traders through the derivatives exchange.
The structure may also reduce entry barriers for some commodity traders. Precious metals futures have often served institutional traders due to contract sizes and brokerage requirements. Coinbase’s smaller contract design provides retail and professional traders with another route to exposure to gold and silver. For traders, the central change comes from timing. They can manage their exposure to metals without waiting for normal market sessions to reopen.
