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. Gold is a precious metal and safe-haven asset traded globally, with prices influenced by currency movements, interest rates, geopolitical tensions, and investment demand. The settlement uses the closing price of a one-minute candlestick at 5:00 PM EDT.
Settlement is determined by comparing the 1-minute candlestick close price for gold on July 02, 2026 at 5:00 PM EDT against multiple price thresholds ranging from $3,775 to $4,165 USD per troy ounce, each in $10 increments. The close price represents the final price at the end of the immediately preceding one-minute interval (e.g., the 4:59 PM candlestick closes at 5:00:00 PM). All settlement values are rounded to the nearest 2 decimal places. If no data is published by the specified source agency for the exact time, the most recently available published data will be used for resolution.
Prediction market odds often diverge from traditional analyst forecasts because they reflect real-money incentives and collective trader conviction rather than individual expert opinions. On Kalshi, participants stake capital on whether gold will close above the specified price level, creating a market-driven probability that aggregates dispersed information. Analysts may issue point forecasts or ranges based on technical and fundamental analysis, while this market condenses all available signals into a single odds figure. When prediction market participants believe analysts are too bullish or bearish on gold, they trade accordingly, potentially revealing gaps between expert consensus and market-implied expectations.
On Kalshi, this market is priced through a continuous order-book mechanism where traders buy and sell shares corresponding to the two possible outcomes. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The platform displays a bid-ask spread, and the midpoint reflects the current market consensus on the probability of gold closing above the threshold. Traders profit if their position aligns with the final outcome, creating strong incentives for accurate pricing. As new information emerges—economic data, central bank announcements, or shifts in risk sentiment—traders adjust their positions, moving the odds in real time. This dynamic pricing ensures the market continuously reflects the latest available information about gold price expectations.
This market resolves around Jul 2, 2026, with the outcome confirmed once the event is verifiable from credible public reporting. The resolution hinges on whether gold's closing price on that specific date and time meets or exceeds the predetermined threshold. Participants should monitor official commodity price feeds and financial news sources as the date approaches to understand how the outcome will be determined. Once the market closes, the winning side receives their payout based on the final verified price, while the losing side forfeits their stake. Clear, objective pricing data ensures transparent and dispute-free resolution.
Several macroeconomic and geopolitical factors could shift gold prices significantly before July 2026. Federal Reserve policy decisions and interest rate expectations are primary drivers, as higher rates typically pressure gold by raising the opportunity cost of holding non-yielding assets. Inflation data, currency movements, and real yields also influence precious metals demand. Geopolitical tensions, central bank gold purchases, and shifts in safe-haven demand can trigger sharp repricing. Economic growth surprises, credit market stress, or changes in real estate and equity valuations may redirect capital flows into or away from gold. Traders monitoring these catalysts can adjust positions ahead of major announcements to capitalize on anticipated price moves.