On October 9, 2025, a significant milestone was achieved in the international derivatives marketplace focused on metals trading. The trading volume for metals skyrocketed to an unprecedented 2,148,990 contracts, surpassing the former record of 1,728,362 contracts set on April 12, 2024. This new record marks a 24% increase, indicating a substantial uptick in trading activity.
Amid ongoing geopolitical tensions and macroeconomic uncertainties, there has been a noticeable increase in global demand for metals futures and options. Traders are increasingly leveraging these instruments to mitigate risk and alter their exposure levels, accommodating demands across a variety of contract sizes. The introduction of the 1-Ounce Gold futures has been particularly noteworthy, designed to enhance accessibility for retail participants.
The range of products available includes a comprehensive array of both precious and industrial metals, catering to diverse trading needs. On the same day, several additional records were noted in specific categories. The metals futures category reached 1,877,878 contracts, while Micro Gold futures saw a trading volume of 741,822 contracts. Meanwhile, Micro Silver futures achieved 132,584 contracts, with open interest standing at 18,276 contracts. Furthermore, the new 1-Ounce Gold futures recorded a volume of 77,946 contracts, and Gold Weekly options reported 70,496 contracts, with open interest reaching 100,650 contracts.
Overall, the remarkable surge in trading volume reflects a broader trend of market participants seeking to engage with metals as a strategic component of their investment and risk management strategies. The expansion of product offerings, especially those tailored to retail investors, continues to play a critical role in this growth, positioning metals products as key tools in uncertain financial times.