Kalshi launches ‘perps’ for gold and silver following CFTC approval, expanding futures offerings - CNBC

AI desk brief

Kalshi launched U.S.-approved perpetual futures on gold and silver on Thursday after CFTC approval, expanding beyond crypto and prediction markets into precious-metals trading. The company said the move was driven by strong interest in commodities and that metals, especially gold and silver, “have a story to tell because of inflation.”

Kalshi said commodity-related event contracts have topped $400 million in trading volume in seven months, about half the time it took its crypto contracts to reach $400 million. The launch also highlights growing regulatory competition: the first non-crypto perps approval has already unsettled CBOE/CME shares, while CME is suing the CFTC to block the product.