OKX is launching XAU (Gold) Event Contracts on June 16, 2026 (UTC+8), the first event contracts based on a metal.
Two new instruments are available: XAU Daily Up/Down, which asks whether the settlement price will be above or below a target price, and XAU Daily Price Above, which asks whether the settlement price will reach or exceed a set threshold.
Settlement happens at 5:00 PM U.S. Eastern Time, adjusting for daylight saving, which is 06:00 the next day in UTC+8 during winter and 05:00 the next day in summer. The price is the average of the XAU-USDT index over the 60 seconds before settlement.
Contracts won't be listed on known non-trading days, and if the gold market halts unexpectedly while you hold a position, OKX will settle manually using the latest available price. Check the OKX help page on event contract rules before trading.