- What is the “Will Gold hit $3,400 before May?” market asking?
- It asks whether the following will happen: Will Gold hit $3,400 before May? Traders buy Yes shares if they think it will and No shares if they think it will not.
- What do the Yes and No prices mean?
- At the last observation Yes traded at 100.0¢ and No at 0.0¢. A Yes share pays $1 if the market resolves Yes, so its price is the market's implied probability: 100.0% for Yes and 0.0% for No. The two prices add up to about one dollar.
- How did this market resolve?
- It resolved Yes on 21 Apr 2025. Trading has stopped; the record of prices, holders and trades stays on this page.
- How does this market resolve?
- This market will resolve to "Yes" if the price of the COMEX Gold Continuous Contract (GC00) reaches or exceeds $3,400.00 per troy ounce during regular trading hours at any point between April 18, and market close on April 30, 2025. Otherwise, this market will resolve to "No". The resolution source will be COMEX trading data for the Gold Continuous Contract (https://www.google.com/finance/quote/GCW00:COMEX).
- What is the difference between volume, liquidity and open interest?
- Volume is the dollar value of shares traded in a period, liquidity is the dollar value resting in the order book ready to be traded against, and open interest is the value of all shares currently held. Volume measures activity, liquidity measures how easily you can trade, and open interest measures how much is at stake.
- Who still holds shares in this market?