CME’s 24/7 silver futures debut with $15 million traded in first weekend

Kitco Media
By Neils Christensen
Published
Updated
Kitco News
The Leading News Source in Precious Metals

Kitco NEWS has a diverse team of journalists reporting on the economy, stock markets, commodities, cryptocurrencies, mining and metals with accuracy and objectivity. Our goal is to help people make informed market decisions through in-depth reporting, daily market roundups, interviews with prominent industry figures, comprehensive coverage (often exclusive) of important industry events and analyses of market-affecting developments.

CME’s 24/7 silver futures debut with $15 million traded in first weekend  teaser image

(Kitco News) - In a world of heightened economic uncertainty, investors continue to embrace the ability to own and trade safe-haven assets 24 hours a day, seven days a week, as CME Group announces the successful launch of its 24/7 silver contract.

The world's largest derivatives exchange said Monday that 2,387 100-Ounce Silver futures contracts traded during its inaugural weekend of 24/7 trading, representing more than $15 million in notional value.

Along with solid silver demand, CME said it continues to see strong demand for its 24/7 one-ounce gold contract, which was launched July 24.

The company said that in the last month and a half, 140,000 gold contracts have traded during weekend sessions, representing more than $600 million in notional value.

The exchange said that its 24/7 gold contract represents the largest liquidity pool for weekend trading in gold futures.

Silver sits at the crossroads of precious and industrial metals, and our first weekend of 24/7 trading confirms participants want round-the-clock access to manage both investment exposure and real-world supply risk," said Jin Hennig, Managing Director and Global Head of Metals at CME Group. "Following the strong reception to our always-on gold futures, this innovation shows that our retail clients value the combination of right-sized products and 24/7 access across precious metals."

The 24/7 contracts are the latest products CME has launched to attract new investors to the precious metals market and compete with the growing digital marketplace, which offers around-the-clock trading and fractionalized ounces.

CME launched a one-ounce gold futures contract in January 2025, with the smaller contract size specifically designed for retail traders. It added 100-Ounce Silver futures in February.

The exchange’s one-ounce gold and 100-ounce silver futures are the smallest of CME Group's precious metals contracts, designed to meet demand from retail traders in a trusted, regulated marketplace.

CME said its strategies are working, as precious metals have seen unprecedented demand during the first half of the year.

“Trading in CME Group's metals business set a new record in the first half of 2026, with a total of 1.3 million contracts traded daily driven by precious metals activity, up 55% year-on-year. A record $50 billion average notional traded each day across silver futures in the period,” CME said.

See live precious metals prices for gold, silver, platinum and palladium — in USD, CAD and 12 more currencies.

Kitco Media

Neils Christensen

Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada. He has worked exclusively within the financial sector since 2007, when he started with the Canadian Economic Press. Neils can be contacted at: 1 866 925 4826 ext. 1526 nchristensen at kitco.com @KitcoNewsNOW

Mdi Earth Logo

Share

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.