Binance has launched new perpetual futures contracts linked to gold and silver, expanding the cryptocurrency exchange’s derivatives offering beyond digital assets as demand grows for exposure to traditional safe haven markets.
Binance said on Thursday that it has introduced gold and silver perpetual futures that allow investors to trade the metals 24 hours a day without an expiration date.
Contracts are settled in Tether’s USDt (USDT) stablecoin, giving traders on-chain access to the price movements of precious metals rather than direct ownership of the underlying assets.
The new products, listed as XAUUSDT and XAGUSDT, are designed to track the price of gold and silver and aim to bridge traditional financial markets with cryptocurrency trading infrastructure, Binance said in a statement. The exchange added that more traditional asset-linked contracts are planned.
Binance perpetual contracts are regulated by the Financial Services Regulatory Authority (FSRA) with licenses obtained under the framework of the Abu Dhabi Global Market (ADGM), through Next Exchange Limited, a Binance entity.
The new contracts are a “key step in bridging traditional finance and crypto innovation,” backed by “strong regulatory compliance and trust,” said Jeff Li, vice president of product at Binance.
Other exchanges that offer perpetual contracts linked to precious metals include Coinbase, MEXC, BTCC, BingX and Bybit, with the latter only offering perpetual contracts in gold.
Gold and silver hit new all-time highs on growing safe-haven demand
Binance’s offering follows a period of strong demand for the world’s top precious metals, which hit new all-time highs.
Geopolitical tensions and the weakening of the US dollar drove gold and silver to new all-time highs in December, when the price of gold peaked above $4,549 per ounce on December 26, while silver hit $83 per ounce on December 28, according to data from goldprice.org.
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Both precious metals outperformed Bitcoin over the past year, which fell around 5%. Gold is up 67%, while silver is up 152% during 2025. Gold was trading at $4,424 an ounce, while silver was changing hands above $75.60 at the time of writing.
Tokenized commodities also hit new all-time highs in December, following the broader rally in precious metals.
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Binance’s decision to settle contracts in USDT comes as Tether continues to expand its presence. The company has chosen not to apply for authorization under the European Union’s Cryptoasset Markets framework, citing concerns about how the rules apply to stablecoins. At the same time, USDT has gained regulatory recognition in some jurisdictions, including Abu Dhabi, where it has been approved for use by regulated companies.
Cointelegraph reached out to Binance to clarify the jurisdictional availability of the contracts, including whether they will be offered to users in the European Economic Area or the United Kingdom, but did not receive a response at the time of publication.
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