Will Gold (GC) settle over $5,800 on the final trading day of June 2026?

Prediction markets currently give a 23% probability that Will Gold (GC) settle over $5,800 on the final trading day of June 2026?. This contract trades at 23¢ on Polymarket, closing June 30, 2026. The 23¢ price implies gold needs to rally roughly 3.4% from current levels to exceed $5,800 by late June 2026, yet the extreme 1,652% implied yield on the "Yes" side suggests severe mispricing or illiquidity-driven distortion rather than genuine market conviction.

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23¢
Bid/Ask 9/37¢·Spread 28¢·Vol $0·OI $1,050.099·Closes Jun 30, 2026·69d remaining
0xf3304b34012d0efcb369888bfcc5f88b8fc0458bb3745c5a3f351ca6bc62e190
7-day price325 snapshots · 2 regime
25¢23¢ current
Apr 810¢Apr 21

Analysis

4d ago

The 23¢ price implies gold needs to rally roughly 3.4% from current levels to exceed $5,800 by late June 2026, yet the extreme 1,652% implied yield on the "Yes" side suggests severe mispricing or illiquidity-driven distortion rather than genuine market conviction. With only $13.71 in 24-hour volume against $1.5M open interest and a 27¢ spread (117% of the current price), this market exhibits classic signs of low-liquidity dysfunction—the realized volatility of 1,706% and 3.31 vol ratio indicate the pricing is highly unstable and potentially unreliable. The neutral regime and modest 0.8 information arrivals per hour offer little catalyst support for the sharp directional move required, making this a speculative micro-liquidity trap rather than a meaningful probability assessment.

Resolution rules

This market will resolve to "Yes" if the official CME settlement price for the Active Month of Gold futures on the final trading day of June 2026 is higher than the listed price. Otherwise, the market will resolve to "No". For CME Gold (GC) futures contracts, the Active Month is the nearest of CME's designated delivery-cycle months (February, April, June, August, October, December) that is not the spot month. The Active Month changes automatically on the contract's First Position Date, at which point the next eligible contract month becomes the Active Month. Only the Active Month's official settlement price published by CME Group will be considered. Intraday trades, highs, lows, bids, offers, midpoint values, or indicative prices do not count. Note that the settlement price may differ from the last traded price. CME's methodology to determine the settlement price can vary by commodity and contract. Only days during June on which CME publishes an official settlement price for the Active Month will be included. Days without settlement prices (weekends, holidays, or market closures) are ignored. This market will resolve based on the settlement price as it appears on the CME settlement page at the time it is first published for that trading day, regardless of any later corrections or updates. The resolution source for this market is the CME Group website — specifically, the daily "Settlement" price for the Active Month of Gold (GC) futures.

Indicators

IY (Yes) 1672.7%
IY (No) 166.8%
Adj IY 836%
CRI 3
Overround 1.9%
▶ Full indicator table (5)
IndicatorValue
IY (Yes)1672.7%
IY (No)166.8%
Adj IY836%
CRI3
Overround1.9%

Regime

Label
neutral
Score
0.5
Spread
28¢
Computed
4/21/2026, 9:51:12 PM
Indicators computed 4/21/2026, 9:38:17 PM

Trade

View on polymarketsf trade 0xf3304b34012d0efcb369888bfcc5f88b8fc0458bb3745c5a3f351ca6bc62e190 yes 100

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