CME 100 ounce silver futures to start when the metal reaches a high of $88
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CME Group will launch a new 100-ounce silver futures contract on February 9, 2026. Silver is up 145% in 2025 and 20% higher in early 2026, while gold is also making new all-time highs and is now trading above $4,624.
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CME Group will launch a new 100-ounce silver futures contract on February 9, 2026 as silver reaches historic price levels. The metal hit a new all-time high above $88 today and is nearing the $90 level.
The contract is financially settled using the Comex benchmark silver price and aims to expand access to retail and institutional traders. CME Global Head of Metals Gene Hennig said demand for silver is increasing for retail investors seeking diversification amid geopolitical uncertainty and energy transitions.
The launch comes during a silver special run. In the year After rising 145% in 2025, the metal is up more than 20% in 2026 with less than eight trading days on the calendar. Gold is also rallying, hitting a new all-time high above $4,624 at press time.
Metals markets are on the rise as geopolitical tensions rise, fueling demand for hard assets amid tensions with the US, Venezuela and Iran. Silver and gold continue to break all-time highs as investors seek safety amid rising global uncertainty.
The CME Group reports the amount of metals recorded in response. In the year In 2025, micro gold futures traded at 301,000 contracts per day, micro silver averaged 48,000, and the 1-ounce gold futures, which started in January 2025, exceeded 6 million contracts.
