Gold and silver Up or Down markets

Polymarket US added gold and silver Up or Down markets in October 2026. They work like the crypto ones, with three differences that matter.

Updated 2026-10-29

1. They settle on one price, not an average

Crypto rounds settle on a 60-second average. Gold and silver settle on the Chainlink spot price at the end second. The last few seconds can flip a close round, so a bet that looks safe with 20 seconds left is less safe than the same bet on Bitcoin. (More on settlement.)

2. They have hours

Rounds run on weekdays, in 15-minute and hourly versions, with a short daily break around 5–6:15 PM Eastern. On weekends Polymarket US lists no gold or silver rounds at all. WickTape shows those markets as closed and their bots wait.

3. They move less, and trade less

Gold and silver move far less per minute than crypto, so the price to beat is often crossed back and forth by cents. They also trade less: gold's 15-minute rounds see a few thousand shares change hands, Bitcoin's around a hundred thousand. Spreads are wider, especially on silver, and a bigger order moves the price more.

Following them on WickTape

Gold and silver each get a 15-minute and an hourly market with its own paper-trading bot: gold 15-minute, gold hourly, silver 15-minute and silver hourly. Because these markets are thinner, the bots' paper fills can look better than a real order would get. Keep that in mind when reading their results.

Quick answers

When do Polymarket's gold and silver Up or Down markets run?

On weekdays, in 15-minute and 1-hour rounds, with a short break around 5–6:15 PM Eastern. They're closed on weekends.

How are gold and silver Up or Down markets settled?

On the Chainlink XAU/USD or XAG/USD spot price at the round's end time, rounded to the nearest cent, compared with the same price at the start.