SimpleFunctions
Winner-take-all answer·6 source contracts·Polymarket 6·refreshed just now·Closes Dec 31, 2026 · 211d

What will Gold (GC) hit__ by end of December?

Bracket↑ $15,000

Leader sits at 23% across 6 bound outcomes, runner-up at 9%. This is a winner-take-all market — the headline is the leader’s price, not an arithmetic mean.

Leader probability

23%

↑ $6,000

runner-up 9¢leader 23¢

Outcomes

6

winner-take-all

Runner-up

↑ $7,000

Spread

14pp

contested

24h volume

$6K

modest

Closes

Dec 31, 2026

211 days

Venue

Polymarket

6 bound

30-day trend

0%50%100%-30d-3w-2w-1wtoday↑ $6,000: 20% (26 days, 22 points)↑ $6,000: 20% on 2026-06-02↑ $7,000: 9% (26 days, 17 points)↑ $7,000: 9% on 2026-06-02↑ $8,000: 7% (26 days, 7 points)↑ $8,000: 7% on 2026-06-02
↑ $6,00020¢↑ $7,0009¢↑ $8,0007¢
Top 3 candidates by current price · 26d

Bracket family

How the bracket ladder is priced.

Each row is one outcome on the venue. Sorted by 24h volume — the heaviest book is at the top.

Analysis

This contract reflects a 31% market probability that gold will exceed $15,000 per troy ounce by December 31, 2026. Gold is currently trading near $2,400, meaning the contract requires approximately a 525% gain in seven months. The probability is driven by expectations around US monetary policy, inflation trajectories, and geopolitical risk premiums. Near-term catalysts include Federal Reserve interest rate decisions, inflation reports, and developments in international conflicts that historically support gold demand. Liquidity in the June contracts suggests traders are pricing near-term consolidation, with the $4,300 downside contract trading at 30¢—indicating material concern about price pullback. The wide gap between current price and the $15,000 strike means this contract is pricing a significant macroeconomic shock or policy shift rather than normal market evolution.

  • Gold would need to appreciate approximately 525% from current levels (~$2,400) to reach $15,000, a move unprecedented in modern commodity markets
  • US interest rate policy and real yields are the primary driver—sustained rate cuts would reduce opportunity cost of holding non-yielding gold
  • Geopolitical instability and central bank accumulation have supported gold demand; escalation of existing conflicts or new crises would increase probability
  • The June contracts trade at 3-5¢, suggesting market participants assign minimal probability to explosive near-term moves, with downside hedging (30¢ on the $4,300 put) indicating defined risk below current levels
  • Historical gold volatility and technical resistance levels suggest $15,000 would require a regime shift in inflation expectations, currency valuations, or systemic financial stress

Recently closed in markets

These markets stopped trading. Last odds and any captured outcome are shown above — full settlement detail lives at the venue.

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How we compute these odds

SimpleFunctions aggregates live prediction-market contracts from Kalshi and Polymarket. Each slug groups contracts that resolve on the same underlying event, identified by venue event_id.

For binary slugs, the headline probability is the liquidity-weighted mid-price across all bound contracts. For multi-outcome slugs (e.g. elections with 3+ candidates), the headline is the leader’s price; we never arithmetically average disjoint outcomes — that would produce a number with no real-world meaning.

Snapshots refresh every 5 minutes during market hours; daily aggregates are computed at 04:00 UTC. The 30-day sparkline is drawn from per-ticker daily means stored in market_indicator_daily; 24h delta and movement events are derived from the same source.

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