Gold

Polymarket

Chainlink

<p>Prediction market platform <a href="https://x.com/Polymarket" rel="noopener noreferrer nofollow">@Polymarket</a> has launched 15-minute up-or-down markets on gold and silver, with oracle network <a href="https://x.com/chainlink" rel="noopener noreferrer nofollow">@chainlink</a>, the project behind <a href="https://x.com/search?q=%24LINK&amp;src=cashtag_click" rel="noopener noreferrer nofollow">$LINK</a>, supplying the prices used to settle each contract.</p>
<p>The companies expanded their partnership at Link:NYC, where Polymarket named Chainlink its official oracle partner for these fast markets. <a href="https://www.streetinsider.com/PRNewswire/Polymarket+Deepens+Partnership+With+Chainlink+as+Official+Oracle+for+High-Speed+UpDown+Markets+and+Launches+Gold+and+Silver+Trading/27259059.html" rel="noopener noreferrer nofollow">According to the joint press release</a>, the move builds on more than $11 billion in trading volume already powered by Chainlink around Polymarket's 5- and 15-minute crypto price markets.</p>
<h2 id="how-the-gold-and-silver-markets-work">How the Gold and Silver Markets Work</h2>
<p>Users bet on whether the spot price of each metal will rise or fall over a 15-minute window. <a href="https://www.digitaltoday.co.kr/en/view/121641/polymarket-launches-15-minute-gold-silver-bets-using-chainlink-data" rel="noopener noreferrer nofollow">DigitalToday reported</a> that outcomes are settled using the spot prices at the start and end of the window, and that US takers pay a fee of roughly $1.74 per 100 contracts traded at 50 cents.</p>
<p>The release states that Chainlink provides Polymarket with pricing data through Data Streams and the Chainlink Runtime Environment. <a href="https://www.securities.io/polymarket-names-chainlink-official-oracle-as-gold-and-silver-go-live/" rel="noopener noreferrer nofollow">Securities.io noted</a> that Data Streams supply low-latency, timestamped and verifiable oracle reports, while Chainlink Automation handles automated onchain settlement. Polymarket's market makers and algorithmic traders can also access the same Data Streams through self-serve access.</p>
<p>Johann Eid, chief business officer at Chainlink Labs, said in the release that the company's high-speed pricing data enables Polymarket to resolve these markets with the accuracy and efficiency users expect.</p>
<h2 id="what-comes-next">What Comes Next</h2>
<p>The rollout is the first step in taking the short-duration format beyond crypto. More commodities are planned, with equities and foreign exchange to follow. <a href="https://fortune.com/2026/10/29/polymarket-now-lets-you-bet-on-golds-price-going-up-or-down-in-the-next-15-minutes/" rel="noopener noreferrer nofollow">Fortune reported</a> that neither company has given a date for when 15-minute contracts on stocks and currencies will go live.</p>
<p>The format has drawn scrutiny. Fortune cited a recent Bloomberg report describing such markets as essentially a coin flip that traders have called highly addictive. Fortune also noted that the Bitcoin versions proved popular enough for Polymarket to add five-minute contracts, and that the new gold and silver contracts are also available on rival platform Kalshi.</p>
<p>For Chainlink, the deal extends its role as a data provider from crypto assets into traditional markets, with prices for precious metals now feeding a high-volume consumer product.</p>
<h2 id="sources">Sources</h2>
<p><a href="https://www.streetinsider.com/PRNewswire/Polymarket+Deepens+Partnership+With+Chainlink+as+Official+Oracle+for+High-Speed+UpDown+Markets+and+Launches+Gold+and+Silver+Trading/27259059.html" rel="noopener noreferrer nofollow">Polymarket and Chainlink press release via PRNewswire</a></p>
<p><a href="https://fortune.com/2026/10/29/polymarket-now-lets-you-bet-on-golds-price-going-up-or-down-in-the-next-15-minutes/" rel="noopener noreferrer nofollow">Fortune: Polymarket launches 15-minute Up or Down contracts for gold and silver</a></p>
<p><a href="https://www.securities.io/polymarket-names-chainlink-official-oracle-as-gold-and-silver-go-live/" rel="noopener noreferrer nofollow">Securities.io: Polymarket names Chainlink official oracle</a></p>

Polymarket Launches 15-Minute Gold and Silver Markets With Chainlink (LINK) as Official Oracle

Table of Contents

BSCN

Other articles published on Oct 30, 2026

Join our free newsletter for daily crypto updates!