Binance Adds Gold and Silver Options Trading
Binance has launched USDT-settled gold and silver options trading on July 29, 2026. This new product is listed under XAUUSDT and XAGUSDT, with users able to exercise contracts only at expiry.
The trading hours follow the underlying commodity markets' own schedule, from Sunday 6:00 PM to Friday 5:00 PM Eastern Time, with a one-hour daily pause. Institutional users can write options, while retail users are capped at their premium paid, limiting potential losses.
Binance is offering 1-day and 1-week expiries, with roughly 10 strikes available on daily contracts and about 12 on weekly contracts. The launch follows strong demand for Binance's existing commodity perpetual futures, which have already reached a daily peak volume of $7.77 billion.
Binance Head of Exchange and Trading, Shunyet Jan, said: 'We've seen strong demand for our commodity perpetuals since introducing them earlier this year, and commodity options build on that momentum.' The new product is a regulated offering under the Abu Dhabi Global Market framework.