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Kalshi Launches Commodities Hub for 24/7 Gold, Oil Prediction Markets

Kalshi launched its Commodities Hub on April 22, 2026, providing 24/7 binary prediction markets on gold, Brent crude oil, lithium, and soybeans using Pyth Network's real-time feeds from over 125 institutions. Earlier reports detailed Pyth as the official resolution provider, with Kalshi's top oil contract already reaching $4 million in volume verified by ICE data. The development, building on similar integrations like Polymarket's, drove PYTH token up 6% to $0.048 and Bitcoin 4% toward $79,000, amid Kalshi's $22 billion valuation and CFTC oversight.

Category

Gold

Sentiment

Bullish

Event

Partnership

Reading time

1 min