What time does the London gold market open?
Our gold futures trading hours are 24 hours a day, five days a week, except between 10pm to 11pm (UK time)….Speculate on commodities.
| Weekly open (UK time) | Close (UK time) | |
|---|---|---|
| Spot | 11pm (Sunday) | 10pm (Friday) |
| Futures | 11pm (Sunday) | 10pm (the following day until Friday) |
| Options | 10am | 6.25pm |
What time is the London silver fix?
The fix is set every day at noon by three banks, who get together over the telephone to work out the price at which their customers are willing to buy and sell the metal.
What time does the precious metals market open and close?
The precious metals markets close Friday at 5:00 p.m. EST and open Sunday at 6:00 p.m. EST. Markets are also closed every Monday through Thursday from 5:00 p.m. to 6:00 p.m. EST. The spot price remains static when the market is closed.
Which is the biggest center for gold trading in the world?
The Chinese market (SGE & SHFE) The largest purely physical spot exchange in the world is the Shanghai Gold Exchange.
What time does gold trading open?
Vanilla Options Expire at 10:00 New York Time….All times are GMT unless otherwise stated.
| Product | Gold |
|---|---|
| Open | 22:00 |
| Sunday | |
| Close | 20:55 |
| Friday |
What is the best time to trade gold?
To make the best out of XAU/USD, traders focus on the most active trading hours, which is justified by high trading volume. The time of the day when gold is traded the most is around 3:00 pm – 11:00 pm (GMT+3). Traders should not ignore events that can trigger significant gold price changes.
What time is the London fix?
The closing currency “fix” refers to benchmark foreign exchange rates that are set in London at 4 p.m. daily.
What is the London silver fix price?
The annual average of London fix price for one ounce of silver in 2020 was 20.55 U.S. dollars.
What are the hours of silver trading?
Speculate on commodities
| Spot silver trading hours | Silver options trading hours | |
|---|---|---|
| Trading hours | 11pm Sunday to 10pm Friday (UK time) | 7.30am Monday to 6.25pm Friday (UK time) for daily options, (Offline hours: 6.25pm to 9pm Monday to Thursday) 10am to 6.25pm every weekday (UK time) for monthly options |
Is the silver market 24 hours?
Transactions for bullion coins are almost always priced using the spot price as a basis. The spot silver market is trading very close to 24 hours a day as there is almost always a location somewhere in the world that is actively taking orders for silver transactions.
How much gold is traded every day?
The world’s leading benchmark futures contract for gold trades the equivalent of nearly 27 million ounces daily.