Robinhood Derivatives Offers Commodity Prediction Contracts
Robinhood Derivatives is offering contracts for predicting the settlement price of several commodities on September 14, 2026. The Oct-26 gold futures contract will be settled at a specific price, and participants can predict whether it will settle above or below certain thresholds. For example, the price could settle above $4125--¢, $4150--¢, $4175--¢, $4200--¢, or $4225--¢. The contracts are available for other commodities as well, including copper and platinum index futures.
The contracts offer a payout of $1 for every contract owned if the prediction is correct. However, participants can also choose to close their position before the event resolves, but additional fees will apply. It's essential to read the full contract terms and conditions before participating in these events.