Will Gold (XAUUSD) hit (HIGH) $5,000 in April?

Prediction markets currently give a 9% probability that Will Gold (XAUUSD) hit (HIGH) $5,000 in April?. This contract trades at 9¢ on Polymarket, closing May 1, 2026. Gold would need to rally approximately 27% from current levels to hit $5,000 in April 2026, yet the market prices this at just 39% probability with an extraordinary 3,869% annualized yield on the "Yes" side, suggesting significant mispricing or tail-risk premium.

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9¢
Bid/Ask 8/10¢·Spread 2¢·Vol $594.196·OI $667.395·Closes May 1, 2026·9d remaining
0x6d75e784903e0910d17894a1ea5c5cae45af4c18d7f1efdaebb100f42e03e7b5
7-day price546 snapshots · 5 regime
59¢12¢ current
Apr 1112¢Apr 21

Analysis

5d ago

Gold would need to rally approximately 27% from current levels to hit $5,000 in April 2026, yet the market prices this at just 39% probability with an extraordinary 3,869% annualized yield on the "Yes" side, suggesting significant mispricing or tail-risk premium. The sharp 56¢ to 39¢ price decline over seven days combined with extreme realized volatility of 1,132% and a 2.13 vol ratio indicates recent bearish momentum and elevated uncertainty, though the 8¢ spread and $567K daily volume provide reasonable liquidity for a 15-day expiry. The cliff risk index of 2 and high information arrival rate (3.9/h) suggest this market remains sensitive to macro developments, particularly Fed policy and geopolitical factors that could drive gold volatility in the coming weeks.

Resolution rules

This market will resolve to "Yes" if, at any point during April 2026, any 1-minute candle for Gold (XAUUSD) has a final "High" price equal to or above the listed price. Otherwise, this market will resolve to "No". Only prices achieved during the applicable trading session as listed on Pyth will be considered. Under the standard schedule, trading is open from 6:00:00 PM ET Sunday through 5:00:00 PM ET Friday, with a daily break from 5:00:00 PM ET to 6:00:00 PM ET, except where modified by holiday or special-session hours as listed on Pyth. Prices will be used exactly as published by Pyth, without rounding. If Gold (XAUUSD) does not trade at all during the listed time frame, this market will resolve to "No". In the event of a contract specification change, feed change, or similar structural modification affecting the market during the listed time frame, this market will resolve based on adjusted prices as displayed on Pyth. The resolution source for this market is Pyth — specifically, the Gold (XAUUSD) "High" prices available at https://pythdata.app/explore/Metal.XAU%2FUSD, with the chart settings configured for 1-minute candles. Historical 1-minute candles may be accessed by appending a Unix timestamp (seconds) to the Pyth chart URL using the "t=" parameter. If the relevant Pyth data is unavailable due to a system outage, data failure, or other technical disruption that prevents verification of the required 1-minute candle data, the official daily high price published for the relevant CME COMEX futures contract for the underlying metal—COMEX Gold Futures (GC)—may be used to determine whether the listed price was reached during the applicable trading session.

Indicators

IY (Yes) 29250.0%
IY (No) 543.9%
Adj IY 14625%
CRI 7
Overround 0.2%
▶ Full indicator table (5)
IndicatorValue
IY (Yes)29250.0%
IY (No)543.9%
Adj IY14625%
CRI7
Overround0.2%

Regime

Label
neutral
Score
0.5
Spread
2¢
Computed
4/21/2026, 8:24:23 PM
Indicators computed 4/21/2026, 8:23:18 PM

Trade

View on polymarketsf trade 0x6d75e784903e0910d17894a1ea5c5cae45af4c18d7f1efdaebb100f42e03e7b5 yes 100

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