Will Gold (GC) hit $4,750 by May 6, 2026?
About Market
This market centers on whether the Gold Continuous futures contract (GC) will reach or exceed the $4,750 per troy ounce price level at any point before the close of trading on May 6, 2026. The $4,750 threshold represents a significant price milestone for gold futures, reflecting sustained upward momentum in precious metals markets driven by macroeconomic factors including inflation dynamics, central bank policy decisions, currency fluctuations, and shifting investor demand for safe-haven assets. Traders are weighing near-term price action, technical resistance levels, and broader macro catalysts to evaluate the probability that gold futures will breach this level within the defined timeframe.
1. Market Outcomes and Resolution Criteria: The market resolves YES if the Gold Continuous futures contract (GC) records a traded price of $4,750.00 or higher per troy ounce at any point during regular trading hours up to and including the close of May 6, 2026. It resolves NO if no such price is recorded by market close on May 6, 2026. There is no TIE outcome; the market resolves only to YES or NO.
2. Definition of "Hit $4,750": For resolution purposes, "hitting $4,800" means any single executed trade or official last-traded price of $4,750.00 or above recorded on the CME COMEX Gold Continuous contract (ticker: GC) during regular trading hours. Intraday high prices, settlement prices, and closing prices each qualify independently. Prices recorded during CME Globex extended sessions count if they appear in the official CME daily price report.
3. Official Sources and Evidence: The primary source is CME Group's official market data for the Gold Continuous contract (GC), accessible via CME's official data portal or licensed data providers (e.g., Bloomberg, Refinitiv). TradingView or similar aggregators may be used as secondary corroborating sources only. Spot gold prices (XAU/USD) do not apply; only GC futures contract prices govern resolution.
4. Resolution Timing: The market is monitored on each trading day up to and including May 6, 2026. If a qualifying price is recorded, the market resolves YES no sooner than 2 hours after CME market close (22:00 UTC) on the day the threshold is breached, to allow for official price confirmation. If no qualifying price is recorded by 22:00 UTC on May 6, 2026, the market resolves NO.
5. Handling Market Closures and Disruptions: If CME COMEX declares a trading halt or force majeure event that prevents trading on May 6, 2026, the resolution window extends to the next available regular trading session. If the GC contract undergoes a roll or designation change during the resolution period, the active front-month Gold Continuous contract as recognized by CME remains the reference instrument throughout.
6. Ambiguities and Disputes: In cases of data discrepancies between sources, CME Group's official published price data takes precedence over all secondary sources. If a price print is later identified as an erroneous trade and officially cancelled or amended by CME, the corrected price applies for resolution purposes. If CME does not officially cancel the trade, the recorded price stands as valid for resolution.
Will Gold (GC) hit $4,750 by May 6, 2026?
About Market
This market centers on whether the Gold Continuous futures contract (GC) will reach or exceed the $4,750 per troy ounce price level at any point before the close of trading on May 6, 2026. The $4,750 threshold represents a significant price milestone for gold futures, reflecting sustained upward momentum in precious metals markets driven by macroeconomic factors including inflation dynamics, central bank policy decisions, currency fluctuations, and shifting investor demand for safe-haven assets. Traders are weighing near-term price action, technical resistance levels, and broader macro catalysts to evaluate the probability that gold futures will breach this level within the defined timeframe.
1. Market Outcomes and Resolution Criteria: The market resolves YES if the Gold Continuous futures contract (GC) records a traded price of $4,750.00 or higher per troy ounce at any point during regular trading hours up to and including the close of May 6, 2026. It resolves NO if no such price is recorded by market close on May 6, 2026. There is no TIE outcome; the market resolves only to YES or NO.
2. Definition of "Hit $4,750": For resolution purposes, "hitting $4,800" means any single executed trade or official last-traded price of $4,750.00 or above recorded on the CME COMEX Gold Continuous contract (ticker: GC) during regular trading hours. Intraday high prices, settlement prices, and closing prices each qualify independently. Prices recorded during CME Globex extended sessions count if they appear in the official CME daily price report.
3. Official Sources and Evidence: The primary source is CME Group's official market data for the Gold Continuous contract (GC), accessible via CME's official data portal or licensed data providers (e.g., Bloomberg, Refinitiv). TradingView or similar aggregators may be used as secondary corroborating sources only. Spot gold prices (XAU/USD) do not apply; only GC futures contract prices govern resolution.
4. Resolution Timing: The market is monitored on each trading day up to and including May 6, 2026. If a qualifying price is recorded, the market resolves YES no sooner than 2 hours after CME market close (22:00 UTC) on the day the threshold is breached, to allow for official price confirmation. If no qualifying price is recorded by 22:00 UTC on May 6, 2026, the market resolves NO.
5. Handling Market Closures and Disruptions: If CME COMEX declares a trading halt or force majeure event that prevents trading on May 6, 2026, the resolution window extends to the next available regular trading session. If the GC contract undergoes a roll or designation change during the resolution period, the active front-month Gold Continuous contract as recognized by CME remains the reference instrument throughout.
6. Ambiguities and Disputes: In cases of data discrepancies between sources, CME Group's official published price data takes precedence over all secondary sources. If a price print is later identified as an erroneous trade and officially cancelled or amended by CME, the corrected price applies for resolution purposes. If CME does not officially cancel the trade, the recorded price stands as valid for resolution.
