[Binance Launches Gold and Silver Options, Daily Trading Volume of Perpetual Contracts Exceeds $7 Billion Each] According to CoinDesk, Binance has launched European-style gold and silver options through its Nest Exchange, which is regulated by the Abu Dhabi Global Market (ADGM). The contracts are settled in USDT. Previously, Binance's gold and silver perpetual contracts saw strong trading demand, with peak daily trading volumes reaching $7.77 billion and $7.27 billion, respectively. The new options are open to retail investors for buying call and put options but do not allow retail investors to sell options; sellers are limited to the exchange and designated market makers.