Commodities
Commodity markets on Kalshi
A 15-minute commodity contract asks one yes-or-no question: will the price at the end of the quarter hour be at least what it was at the start. It opens on the quarter hour, closes fifteen minutes later, and pays $1 if the answer is yes.
As of September 27, 2026, Kalshi runs these markets on seven commodities: gold, silver, platinum, palladium, copper, WTI oil and natural gas. They trade from Sunday 3 PM to Friday 2 PM Pacific, and each settles on a Pyth price, one closing minute against one opening minute.
Open a desk
Six live desks, one more market
Gold was the first with a full desk: chart, the live contract and what a stake pays after fees. Copper, silver and WTI oil followed, each with the gap to the line in cents, then platinum with the gap in dollars and natural gas with the gap in cents.
Gold 15-minute desk
LiveSpot gold against Kalshi's price to beat, candles from 1 minute to 1 week, and the payout after the taker fee, on the KXGOLD15M contract.
Open the gold desk
Copper 15-minute desk
LiveCopper in dollars per pound against Kalshi's price to beat, the gap in cents, candles from 1 minute to 1 week, the payout after the taker fee and Agent Nelly's call.
Open the copper desk
Silver 15-minute desk
LiveSpot silver in dollars an ounce against Kalshi's price to beat, the gap in cents, candles from 1 minute to 1 week, the payout after the taker fee and Agent JiHui's call.
Open the silver desk
Platinum 15-minute desk
LiveSpot platinum in dollars an ounce against Kalshi's price to beat, the gap in dollars, candles from 1 minute to 1 week, the payout after the taker fee and Agent Yuki's call.
Open the platinum desk
WTI oil 15-minute desk
LiveWTI oil in dollars a barrel against Kalshi's price to beat, the gap in cents, candles from 1 minute to 1 week, and the payout after the taker fee.
Open the WTI desk
Natural gas 15-minute desk
LiveNatural gas in dollars per MMBtu against Kalshi's price to beat, the gap in cents, candles from 1 minute to 1 week, the payout after the taker fee and Agent Reya's call.
Open the natural gas desk
Agent Angie, our commodities agent in development, will call these markets from this desk. Meet the AI agent desk.
Coverage
Every 15-minute commodity market
We asked Kalshi's public API for each series one at a time and read the rules on its open window. The prices in the last column are live Kalshi asks, updated every 15 seconds while this page is open.
Series and rules checked against Kalshi's public API on 2026-09-27. If a row here disagrees with what you see on Kalshi, Kalshi is right and we are late.
| Commodity | Series ticker | Settles on | Our page | Up / Down now |
|---|---|---|---|---|
| Gold | KXGOLD15M | Pyth gold, 1-minute close | Live desk | — |
| Silver | KXSILVER15M | Pyth silver, 1-minute close | Live desk | — |
| Platinum | KXPLATINUM15M | Pyth platinum, 1-minute close | Live desk | — |
| Palladium | KXPALLADIUM15M | Pyth palladium, 1-minute close | Not yet | — |
| Copper | KXCOPPER15M | Pyth copper, 1-minute close | Live desk | — |
| WTI oil | KXWTI15M | Pyth oil (PYTHOIL), 1-minute close | Live desk | — |
| Natural gas | KXNATGAS15M | Pyth natural gas, 1-minute close | Live desk | — |
Up is the Kalshi ask for YES; Down is 100 minus the YES bid. A price in cents reads as the market's chance in percent. A dash means no open window right now, which is normal on Saturdays and in the minute between windows.
Quick answers
Three questions about commodity markets
- Which commodities have a 15-minute market on Kalshi?
- Seven, as of September 27, 2026: gold (
KXGOLD15M), silver (KXSILVER15M), platinum (KXPLATINUM15M), palladium (KXPALLADIUM15M), copper (KXCOPPER15M), WTI oil (KXWTI15M) and natural gas (KXNATGAS15M). Each had an open window when we asked Kalshi's public API for the series directly. - What settles a 15-minute commodity contract?
- A Pyth price for that commodity. The rules compare the 1-minute close at the end of the window with the 1-minute close at its start; if the closing price is at least the opening one, the contract resolves yes and pays $1. There is no 60-second average, which is how the crypto contracts settle.
- When do the commodity windows trade?
- While the underlying futures trade: Kalshi listed gold windows from Sunday 6 PM to Friday 5 PM Eastern, which is 3 PM Sunday to 2 PM Friday Pacific, every quarter hour in between. There are no windows on Saturday.
This page is education, not betting or financial advice. Only risk what you can afford to lose, and set a money limit before you start. Gambling problem? Call or text 1-800-MY-RESET. Responsible gambling guide