Coinbase Launches Prediction Market for Gold Price on September 9, 2026
Coinbase has launched a new prediction market for users to bet on the gold price on September 9, 2026. The contract allows users to buy 'Yes' or 'No' contracts at a price that reflects the market's odds of the event happening. According to Coinbase, if the gold price is above $2000 on September 9, 2026 at 5:00 PM EDT, those who bought 'Yes' contracts will receive $1 per contract, minus what they paid.
The contract has a payout of $200 and no volume detected as of now. Users can trade regulated 'Yes/No' contracts on outcomes in various categories, including crypto, economics, politics, sports, entertainment, technology, science, and more. The prediction market is offered by Coinbase Financial Markets (CFM), a registered futures commission merchant with the Commodity Futures Trading Commission and a Member of the National Futures Association.