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Here's the CME press release regarding the 24/7 trading of the 100 ozt contract:

CME Group to Expand 24/7 Trading to 100-Ounce Silver Futures After Gold's Strong Debut​

By CME Group
11 Aug 2026
  • 24/7 trading in silver commences September 11
  • Over $200M traded in weekend sessions for 1-Ounce Gold futures since July 24 launch
CHICAGO, Aug. 11, 2026 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that it will expand 24/7 trading to its 100-Ounce Silver futures contract from September 11, 2026, pending regulatory review.

"Silver bridges the precious and industrial metals worlds, acting as a diversifier for investors that responds to both macroeconomic news and real-world demand," said Jin Hennig, Managing Director and Global Head of Metals at CME Group. "Our retail clients have shown a strong appetite for right-sized gold futures available whenever they need them, so we are now extending that same 24/7 access to help participants manage risk and pursue opportunities in silver."

Since 24/7 trading in 1-Ounce Gold futures launched on July 24, over 53,000 contracts have traded during the newly expanded weekend trading sessions, representing approximately $219 million in notional value and is the largest liquidity pool for weekend trading in Gold futures. Both the 1-Ounce Gold and 100-Ounce Silver futures are designed to be right-sized for retail trading, with a smaller notional exposure.

CME Group offers the world's leading benchmark futures contract for silver. A record $50 billion average notional traded each day across CME Group's silver futures in the first half of the year. 100-Ounce Silver futures launched in February 2026, with 17,800 contracts ADV traded in the first half of 2026. CME Group's metals business set a new record in the first half of 2026, with a total of 1.3 million contracts traded daily driven by precious metals activity, up 55% year-on-year.

100-Ounce Silver futures are financially-settled based on the daily settlement price of the global benchmark COMEX 5,000-Ounce Silver futures contract and are listed by and subject to the rules of COMEX. For more information, ...


As far as I can tell, that last sentence means the 100ozt silver contract is a pure paper casino vehicle. Contracts are not redeemable for physical, they are "financially-settled".
 
They are trying to profit by controlling the market and if they lose control they will stack the deck since they are the house. Like I said in a precious post, I trust the Chinese way more with their cash and carry market as long as the bars are real.
 
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