What is the trading time of London Gold?
As the most popular investment in the market, London gold trading can not only buy up and down, but also minimize the cost of investors and amplify profits.
But for newcomers who are just getting started, they may not know much about the trading time of London Gold. Questions such as whether they can trade on the weekend and whether they can trade all day are not clear. So today I will give you a systematic answer to what time is the trading time of London gold started to calculate?
1. London gold market is generally not recommended for trading on weekends and holidays
When is the trading time of London Gold started? Since London Gold is in line with the international market, it will also have specific opening and closing times like the European and American markets. Taking the Daejeon Global Platform as an example, the London gold opening time schedule is as follows:
Monday 07:00 to Saturday 03:00 (Daylight Saving Time);
Monday 07:00 to Saturday 04:00 (winter time);
(Note: Daylight saving time refers to the Sunday of the second week of March every year, to Sunday of the second week of November; winter time refers to the Monday of the second week of November every year, to the second week of March of the following year on Saturday;)
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Moreover, because the US and European markets are generally in the adjustment stage at one or two in the morning on Saturday, the market volatility is very small, and investors are not recommended to choose to trade during this time. It is best to wait and see.
In addition, if a specific holiday in the United States is encountered, part of the London gold market will also be closed. For example, when it comes to Thanksgiving and Christmas on Wednesday, the London gold market in the US will also be closed.
2. It is not recommended to trade London gold from 12pm to early morning
Although the London gold market can be traded 24 hours a day, in fact, the London gold trading time around 8 to 12 every night is the market with the most fluctuations and the most profitable time.
After 12 o'clock, the general market will be adjusted according to the previous big market, and no new market will appear until the next morning when it reopens.
Therefore, it is generally not recommended to conduct London gold trading between 12 pm and early morning, so that after the opening of the next day, the market will be reversed by the impact of new international news, causing your list to suffer serious losses.
When is the trading time of London Gold started? I believe everyone understands the trading time of London Gold. In short, we do not recommend trading on weekends and early morning hours.
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