The new service allows eligible users to trade one-ounce gold contracts and 50-ounce silver contracts through brokers such as Interactive Brokers and NinjaTrader. This shift marks a strategic pivot for Coinbase, moving the platform further toward its goal of becoming an "Everything Exchange." While traditional commodity markets operate on rigid schedules, this always-on model provides investors the flexibility to react to economic shifts or geopolitical volatility during times when conventional exchanges remain shuttered.
In section Cryptocurrency
Coinbase Expands Beyond Crypto with 24/7 Precious Metals Futures
U.S. traders can now access gold and silver futures markets at any hour, as Coinbase Derivatives Exchange breaks the traditional mold of market closures. By bypassing the standard weekend and holiday pauses inherent in commodity trading, the firm is pushing its infrastructure into the realm of global precious metals.
CEO Brian Armstrong highlighted the launch as a bridge between crypto’s continuous trading culture and traditional finance. Gold, a market valued at over $13 trillion, and silver, exceeding $1 trillion, remain primary safe-haven assets. By offering these products, Coinbase aims to improve price discovery and lower the barrier to entry for retail and professional traders who previously found commodity futures restricted by complex brokerage requirements. This move complements the firm's existing international offerings, bringing regulated, domestic commodity exposure into the same ecosystem that handles digital assets.
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