Gold Trading Hours
View gold trading hours, including market open times across the New York, London, Zurich, Hong Kong and Sydney trading sessions. We also touch on the best time to trade gold, and best gold CFD brokers.
| Market | Local time | GMT time | Comments |
|---|---|---|---|
| New York | 8:20am to 1:30pm | 12:20pm to 5:30pm | Trading of gold futures and options on the COMEX. |
| London | 8:30am to 4:00pm | 8:30am to 4:00pm | The gold futures price in US Dollars (XAUUSD) is fixed twice a day, at 10:30am and 3:00pm local time. "London Fixes" affect gold trading around the world. |
| Zurich | 8:00am to 5:00pm | 6:00am to 3:00pm | |
| Hong Kong |
8:30am - 12:30pm 2:30pm - 5:30pm |
0:30am - 4:30pm 6:30pm - 9:30pm |
|
| Sydney | 9:00am - 3:00pm | 11:00pm (T-1) - 5:00am |
What's the best time to trade gold?
The best time to trade gold can vary with market conditions, economic news, and global events. However, there are a few key periods when gold trading tends to be more active and volatile:
- Overlapping trading sessions: the most active periods for gold trading occur when major financial centers overlap, such as when the London and North American sessions coincide. During these times, there is increased liquidity and trading volume, which can lead to more significant price movements.
- Economic news releases: pay attention to economic indicators and news releases that may impact gold prices. Important reports like inflation data, non-farm payrolls, GDP figures and central bank announcements can materially affect the gold market. Traders often look for opportunities before and after the release of such news.
- Market opening and closing: the opening and closing hours of major markets, such as the London Bullion Market Association (LBMA) and the Commodity Exchange, Inc. (COMEX), can see increased trading activity in gold. These periods may present trading opportunities as traders react to overnight developments or position themselves ahead of the market open.
Best Gold CDF Brokers
Go long or short the price of gold with the following award-winning brokers, which accept all trading styles on the popular MetaTrader 4 and 5 platforms.
Trading gold can be risky. That's why it's recommended to have a solid understanding of market dynamics, use risk management techniques, and stay updated on relevant news and events. It's also advisable to consult with a financial advisor or do thorough research before making any investment or trading decisions.
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