TOTAL VOLUME:
$154.7b
24H VOL:
$279,496,801
24H TRANSACTIONS:
2,984,640,614
OPEN INTEREST:
$1,923,931,766
416,910
Markets across
40,107
events
MATCHED EVENTS:
4,571
PLATFORM COVERAGE:
5
Polymarket:
37%
VS.
Kalshi:
63%
Closed: Oct 26, 5:00 PM EST
Kalshi
This event tracks the precise closing price of gold at a specific moment, reflecting real-time market conditions during a single minute of trading. The outcome depends entirely on whether the price exceeds one of several defined thresholds at the exact close time.
The event resolves based on the closing price of the 1-minute candlestick for gold at 5:00 PM EDT on October 26, 2026. If the price exceeds any of the specified thresholds—ranging from $3824 to $4214 per troy ounce—the corresponding market resolves to Yes; otherwise, it resolves to No. The settlement value is rounded to the nearest two decimal places, with the closing price defined as the price at the end of the immediately preceding one-minute interval (e.g., the 4:59 PM candlestick closes at 5:00 PM). If no data is published for the specified time, the most recently available published data is used to determine the outcome.
Currently, it's difficult to draw direct comparisons between the odds in this market and traditional analyst forecasts, as those forecasts vary widely and are often expressed as ranges rather than precise probabilities. However, the collective wisdom of traders in this market offers a unique perspective on the potential gold price, reflecting real-time assessments of numerous factors. It will be interesting to observe how this market’s predictions evolve as we approach Oct 26, 2026 and compare them to prevailing expert opinions at that time. Do analysts anticipate similar price movements?
On Kalshi, this market is priced through a continuous double auction, where traders buy and sell contracts representing their beliefs about whether the gold price will be above a certain level at the specified time. The prices of these contracts reflect the market’s collective probability assessment. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. As more traders participate and new information becomes available, the prices will adjust, providing a dynamic indication of expectations. The current spread between the buy and sell prices indicates the level of uncertainty surrounding the outcome.
This market resolves around Oct 26, 2026, specifically at 5:00 PM EDT on October 26, 2026. The outcome will be determined by the closing price of gold as reported by a credible financial data source. The final price will be verified against credible public reporting, ensuring a transparent and objective resolution. Traders will then be paid out based on whether their predictions aligned with the actual gold price at the time of resolution. This provides a clear and definitive outcome for all participants.
Numerous factors could influence the gold price and, consequently, this market. Major macroeconomic events, such as changes in interest rates by the Federal Reserve, inflation reports, and global economic growth data, are key drivers. Geopolitical instability, including conflicts or political crises, often leads to increased demand for gold as a safe-haven asset. Unexpected shifts in currency exchange rates, particularly the US dollar, can also significantly impact the gold price. Finally, major news regarding gold mining production or central bank gold reserves could move this market.