CME Group reported an all-time daily record for trading in its metals complex on 9 October, with 2,148,990 contracts changing hands, a 24% increase from the previous record set in April 2024.
CME Group Metals Trading Hits Record Volume Amid Market Volatility
The exchange explained that the surge was driven by heightened activity in gold and silver markets as investors sought to hedge against geopolitical and macroeconomic uncertainty.
The exchange’s newly launched 1-Ounce Gold futures also reached record volumes, reflecting growing retail participation.
“As geopolitical and macroeconomic shifts drive uncertainty, clients from around the world are turning to our metals futures and options in record numbers,” said Jin Hennig, CME Group’s Managing Director and Global Head of Metals.
Additional single-day records included 1,877,878 metals futures contracts, 741,822 Micro Gold futures, 132,584 Micro Silver futures, and 77,946 1-Ounce Gold futures. CME also saw record open interest in Micro Silver and Gold Weekly options.
CME Group offers benchmark products across both precious and industrial metals, providing global investors with tools to manage exposure and price risk.
