CME Launches Continuous Gold Trading, Paving Way for Retail Access

The CME Group has launched continuous trading for its 1-ounce Gold futures contract, known as QO, effective July 24, 2026. This shift marks a significant change in the way gold markets operate, allowing for 24/7 weekend trading. The move is aimed at increasing participation from retail investors and broadening market access.

The CME Group's round-the-clock trading initiative applies specifically to its 1-ounce Gold futures contract (QO), which was introduced in January 2025. This is distinct from the benchmark 100-ounce Gold futures contract (GC), which remains unavailable for continuous trading. The smaller denomination of the QO contract, priced at approximately $4,713 per contract, makes it more accessible to retail investors.

The first weekend's performance saw around 15,000 contracts traded, with a total notional value of roughly $60 million transacted. Market makers were present and competitive, with tight bid-ask spreads as narrow as $0.25 during the low-volatility environment.