Kalshi Wants to Offer Never-Expiring Gold, Silver, and Platinum Contracts

Kalshi Inc. asked regulators to approve a new kind of contract on gold, silver, and platinum, per July 21 Bloomberg and FT reports. These contracts never expire — unlike normal futures, which end on set dates. The idea started on offshore crypto exchanges. Kalshi wants to tie them to real metals prices. The CFTC has 45 days to approve or reject the plan.