Will Gold (GC) hit (HIGH) $5,000 by end of June?

Prediction markets currently give a 61% probability that Will Gold (GC) hit (HIGH) $5,000 by end of June?. This contract trades at 61¢ on Polymarket, closing June 30, 2026. This market shows extreme illiquidity and pricing distortion despite an 81% implied probability—zero 24-hour volume combined with a 34¢ spread suggests the price may not reflect genuine conviction.

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61¢
Bid/Ask 60/61¢·Spread 1¢·Vol $2,853.598·OI $2,431.575·Closes Jun 30, 2026·69d remaining
0x6dd1f06973b667ea65c25dd5735480bb811f8a342e7cd93045634a4891ff5341
7-day price125 snapshots · 21 regime
86¢61¢ current
Apr 1638¢Apr 21

Analysis

4d ago

This market shows extreme illiquidity and pricing distortion despite an 81% implied probability—zero 24-hour volume combined with a 34¢ spread suggests the price may not reflect genuine conviction. The realized volatility of 4,392% and asymmetric implied yields (115.8% for Yes vs. 2,105% for No) indicate severe mispricing, likely driven by thin order books rather than fundamental expectations; gold would need to rally roughly 27% from current levels to hit $5,000 by June 2026, a substantial move in 74 days that the market's neutral regime score (0.5) doesn't support as imminent.

Resolution rules

This market will resolve to "Yes" if the official CME settlement price for the Active Month (front month) of Gold (GC) futures is equal to or above the listed price on any trading day between market creation and the final trading day of June 2026. 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 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) 337.5%
IY (No) 825.6%
Adj IY 399%
CRI 2
Overround 5.6%
LAS 0.03
▶ Full indicator table (6)
IndicatorValue
IY (Yes)337.5%
IY (No)825.6%
Adj IY399%
CRI2
Overround5.6%
LAS0.03

Regime

Label
neutral
Score
0.5
Spread
1¢
Computed
4/21/2026, 8:26:17 PM
Has orderbookIndicators computed 4/21/2026, 8:23:18 PM

Trade

View on polymarketsf trade 0x6dd1f06973b667ea65c25dd5735480bb811f8a342e7cd93045634a4891ff5341 yes 100

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