Kalshi Expands Perps to Gold and Silver with CFTC Approval

Kalshi, a blockchain-based prediction market platform, has launched perpetual gold and silver futures trading in the United States after receiving approval from the U.S. Commodity Futures Trading Commission (CFTC).

The company's new product allows traders to buy and sell gold and silver without holding the underlying assets, with prices tracked through funding paid at regular intervals.

Kalshi cited trader demand as the reason for expanding its Perps products to gold and silver, noting that metals can attract investor interest as assets linked to inflation.

The launch marks a significant expansion of Kalshi's business beyond prediction markets and cryptocurrencies, with the company aiming to broaden its product lineup to include U.S. stocks, copper, and foreign exchange.