CME to launch 100-Ounce Silver futures as metal hits $88 all-time high

CME Group announced the launch of a new 100-Ounce Silver futures contract set for February 9, 2026, coinciding with silver reaching an all-time high above $88 per ounce. This new contract will be financially settled using COMEX's benchmark silver price and is designed to broaden access for both retail and institutional traders. According to Jin Hennig, CME’s Global Head of Metals, silver is attracting retail investors looking for diversification due to geopolitical uncertainty and the energy transition. The launch occurs during a significant rally for precious metals; silver surged 145% in 2025 and is already up over 20% in early 2026, while gold has also set a new record above $4,624. Increased demand for hard assets, fueled by rising geopolitical tensions, has driven these record highs, leading CME Group to report record metals volume across its existing futures products.

(Source：Crypto Briefing)