Comex

Binance has launched European style options tied to gold and silver through its ADGM regulated Nest Exchange, with settlement in USDT. The move follows strong demand for its metals perpetual futures, including peak daily volumes of $7.77 billion for gold and $7.27 billion for silver.

COMEX registered silver has climbed as metal is reclassified for delivery, giving Western traders a looser inventory signal. In Shanghai, however, buyers are paying a steep premium, suggesting physical tightness has shifted east rather than vanished.