Will December 2026 COMEX gold futures settle below $4,000 per ounce before November 30, 2026?
December 2026 COMEX gold futures settled at about $4,185 per ounce on October 16, 2026, more than 20% below the record above $5,300 reached in late January. In October the contract has fluctuated between roughly $4,100 and $4,220, with its lowest settlement at $4,107.90 on October 14 after September US inflation came in above expectations. A settlement below $4,000 would require a decline of about 4.5%. The Federal Reserve meets on October 27-28, and markets are weighing the chance of another rate hike. This market assesses whether gold breaks below $4,000 before the deadline.
Conditions
Resolves YES if the official daily settlement price of the December 2026 COMEX gold futures contract (GCZ6), as published by CME Group, is below $4,000.00 per troy ounce on any trading day between the market's publication and November 30, 2026, 23:59 UTC. Resolves NO otherwise. Only official daily settlement prices count; intraday prices, other contract months, spot gold (XAU/USD), CFDs, ETFs and prices from other exchanges are not considered.
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