Coinbase has launched 24/7 trading for U.S.-regulated gold and silver futures through the Coinbase Derivatives Exchange.
summation
- Coinbase has launched 24/7 trading for U.S.-regulated gold and silver futures.
- Eligible traders have access to 1-ounce gold and 50-ounce silver contracts.
- This launch supports Coinbase’s “Everything Exchange” strategy beyond digital assets.
The new product allows qualified U.S. traders access to precious metals virtually every day, including weekends and holidays. This launch expands Coinbase beyond digital assets and adds traditional products to its always-on trading infrastructure.
Coinbase launches 24-hour metals trading
Eligible traders can now buy and sell regulated gold and silver futures through participating brokers. The contract includes 1 troy ounce of gold and 50 troy ounces of silver. Coinbase lists Interactive Brokers and NinjaTrader among the platforms that provide access to its products.
The launch changes the way some U.S. traders approach precious metals futures. Traditional commodity markets typically follow set trading hours and are paused on weekends or public holidays. Coinbase’s structure gives traders more time to react to economic data, geopolitical events, and market-moving headlines.
Coinbase CEO Brian Armstrong commented on the launch in a social media post. The company presented the move as another step away from cryptocurrencies’ always-open market model toward traditional finance. Coinbase said continuous trading can support price discovery and give traders more flexibility during uncertain market periods.
Gold and silver remain major stores of value across global markets. According to market estimates, the value of gold exceeds $13 trillion, while silver exceeds $1 trillion. Demand for both metals has remained strong despite inflation concerns, central bank purchases and geopolitical tensions.
The launch fits all of Coinbase’s exchange strategies.
As revealed in the report, the new futures product fits into Coinbase’s plan to build an “Everything App.” Over the past two years, the company has expanded its business into derivatives, perpetual futures, and equity-linked products. Adding precious metals exposes more traditional assets to Coinbase’s connected infrastructure.
Coinbase already offered gold and silver perpetual futures to eligible non-US users. The product is settled in USDC and serves traders who prefer access to cryptocurrency-based markets. The launch of U.S. futures adds a regulated product for domestic traders through derivatives exchanges.
This structure may also lower barriers to access for some commodity traders. Precious metals futures have often served institutional traders due to contract size and brokerage requirements. Coinbase’s small contract design gives retail and professional traders another route to gold and silver exposure. The most important change for traders comes from timing. They can manage their metal exposure without waiting for normal market sessions to reopen.