Kalshi Expands Perpetual Futures to Gold and Silver

Kalshi, a prediction market platform, is expanding its offerings beyond crypto assets by launching perpetual futures contracts tied to gold and silver. The move follows the company's earlier request for regulatory approval of precious metal perps.

The new contracts, known as GOLDPERP and SILVERPERP, are cash-settled with no expiration date and will trade on a continuous basis. They track the spot price of one troy ounce of gold in U.S. dollars and the silver spot price, respectively.

Kalshi's decision to launch these contracts comes after the CFTC approved its Bitcoin perpetual futures contract in May. The platform now lists 18 crypto assets, including Ethereum, XRP, Hyperliquid, BNB, and Cardano perps.