Full-day trading in the spot gold market is achieved through the opening of the Asian, European and American markets. The following is a detailed description of the specific opening time:
The Asian trading time is from 7:00 am to 15:30 pm on the trading day. During this period, the Asian market is mainly active.
The European trading time is from 2 pm to 1:30 am on the trading day. During daylight saving time, it will be one hour earlier, that is, starting from 15:00 and ending at 2:30 am the next day. It is an active period in the European market.
The U.S. trading time starts at 5 pm on the trading day and ends at 3 am the next day. During daylight saving time, it also advances 1 hour, starting at 16:00 and ending at 4 am. This is The world's largest prime trading session.
It is worth noting that from November to March of the following year, due to winter time, the opening time of the European and American markets will be delayed by one hour accordingly. Spot gold trading is spot gold and can be delivered immediately or within a short period of time after the transaction is completed. It attracts investors around the world.
The timing of investment selection is very important, especially from 8 pm to 12 pm. The European and American markets are active and the amount of funds is large, which may bring about a strong trend. However, it is necessary to avoid settlement and market closing times to avoid additional position fees and risks caused by market fluctuations. Choose a price limit platform that promises no slippage, which can effectively set stop losses and take profits to protect investment safety.