TOTAL VOLUME:
$134.2b
24H VOL:
$134,145,987
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,441,166,947
406,422
Markets across
30,383
events
MATCHED EVENTS:
2,688
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 2, 5:00 PM EST
Kalshi
This event tracks the gold spot price at a specific moment on July 2, 2026 at 5:00 PM EDT. The settlement uses the closing price of the 1-minute candlestick at that time, with prices rounded to the nearest cent. If no data is available at the exact time, the most recent published price is used.
Settlement is determined by the close price of the 1-minute candlestick for gold on July 02, 2026 at 5:00 PM EDT, where the candlestick timestamped at a given time reflects the price at the end of the immediately preceding one-minute interval. For example, the candlestick labeled 4:59 PM represents trading from 4:59:00 PM to 4:59:59 PM and closes at 5:00:00 PM. The settlement value is rounded to the nearest 2 decimal places. Each outcome resolves to Yes if the close price exceeds its specified threshold, ranging from $3617.99 to $4397.99 USD per troy ounce in $20.00 increments. If no data is published by the specified source agency for the specified time, the most recently available published data will be used to resolve the market.
Prediction market odds often diverge from traditional analyst forecasts because they aggregate real-money bets from traders with direct financial incentives to be accurate. While commodity analysts publish price targets based on supply, demand, and macroeconomic models, this market reflects live trader conviction weighted by their capital at risk. Comparing the two reveals whether the market is pricing in factors analysts may have overlooked or whether consensus expectations align. Tracking both perspectives can highlight where informed disagreement exists and help you form your own view on gold's trajectory.
On Kalshi, this market is priced through a continuous order-book mechanism where traders buy and sell shares corresponding to different gold price ranges. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Each share represents a claim on a specific outcome, and the price of each reflects the probability traders assign to that range occurring. As new information emerges or trader sentiment shifts, the bid-ask spreads tighten or widen, and share prices adjust accordingly. This dynamic pricing ensures the market remains responsive to evolving expectations about gold's value at the settlement time.
This market resolves around Jul 2, 2026, at which point the outcome is confirmed once the event is verifiable from credible public reporting. The specific gold price at that moment determines which outcome occurs, and traders holding shares in the correct range receive their payout. Until resolution, positions remain open and can be traded, allowing you to adjust your exposure as new data or events influence expectations. Once the settlement time passes and the price is officially recorded, all positions are settled and the market closes.
Gold prices are sensitive to shifts in interest rates, US dollar strength, inflation expectations, and geopolitical risk. Central bank policy announcements, employment data, and inflation reports can trigger significant repricing as traders reassess real yields and safe-haven demand. Currency fluctuations matter because gold is priced in dollars globally, so a weaker dollar typically supports higher prices. Unexpected economic shocks, trade tensions, or changes in Fed guidance can also spark rapid moves. Monitoring these macro catalysts and tracking implied volatility in this market helps you anticipate potential swings before resolution.