Gold Trading Hours
|New York city||Comex||From 8:20 AM until 1:30 PM|
|Globex||Trading from Sunday at 6:00 PM until Friday at 5:15 PM Eastern Time. There is a 45-minute break in trading each day from 5:15 PM to 6:00 PM Eastern Time.|
|Denver||USAGOLD||From 8:00 AM to 7:00 PM|
|Sydney||ASX||From 10:00 AM to 4:00 PM|
|Tokyo||TOCOM||The day session runs from 9:00 AM to 3:30 PM, while the night session runs from 5:00 PM to 11:00 PM.|
|Hong Kong Shanghai||CGSE||8:00 AM (Monday) to 1:30 PM (Saturday)|
|Shanghai Benchmark||Morning fix: 10:15 AM|
Afternoon fix: 2:15 PM
|Shanghai Futures Exchange||The trading hours are as follows: |
|Zurich||SIX Swiss Exchange||From 08:00 to 18:15 (CET)|
New York NYMEX
The New York gold market is a hub for the trading of gold and gold-related products, including gold futures contracts, options, and exchange-traded funds (ETFs). The main venue for gold trading in New York is the COMEX division of the New York Mercantile Exchange (NYMEX), which is open for trading Sunday through Friday from 6:00 p.m. to 5:15 p.m. Eastern Time, with a 45-minute break each day. In addition to the NYMEX, gold is also traded on other exchanges and over-the-counter (OTC) markets in New York. Gold prices in New York are quoted in U.S. dollars and are influenced by a variety of factors, including economic and political developments, market trends, and supply and demand.
The London Bullion Market Association (LBMA) is a trade association for the global OTC market for gold and silver bullion. It sets standards and good practices for the bullion market, including the LBMA Gold Price, which is a daily benchmark price for wholesale gold trading. The LBMA also maintains lists of accredited gold refiners and assayers, which are organizations that meet certain standards for refining and assaying gold. The LBMA is an important player in the global gold market, helping to ensure the integrity and transparency of gold trading.
Denver USAGOLD is a gold and precious metals dealership located in Denver, Colorado. They offer a variety of gold and silver coins, bars, and rounds, as well as other precious metals and collectibles. They also provide storage options and financial services such as gold IRA accounts. Denver USAGOLD has been in business for over 40 years, providing high-quality products and expert advice to their customers.
The Australian Securities Exchange (ASX)
The Australian Securities Exchange (ASX) is the primary stock exchange in Australia. It is based in Sydney and was founded in 1987, although its origins can be traced back to the late 1800s. The ASX is home to a wide range of companies from various industries, including finance, mining, and energy. It also offers a range of financial products and services, including equity and debt capital raising, trading, and clearing and settlement. The ASX is regulated by the Australian Securities and Investments Commission (ASIC) and is a member of the World Federation of Exchanges.
Tokyo Commodity Exchange (TOCOM), is a futures exchange located in Tokyo, Japan that offers a range of futures and options contracts on various commodities, including gold. TOCOM is a regulated exchange that operates under the oversight of the Japanese Financial Services Agency (FSA).
Trading on TOCOM is conducted via an electronic trading platform, which allows traders to buy and sell futures and options contracts on gold and other commodities in real time. TOCOM gold futures are traded in Japanese yen and are settled in cash.
The Chinese Gold and Silver Exchange Society (CGSE) is a precious metals exchange based in Hong Kong. It was established in 1910 and is the only exchange in Hong Kong that is authorized to trade gold and silver futures contracts. The CGSE is regulated by the Securities and Futures Commission (SFC) of Hong Kong.
The CGSE offers a range of futures and options contracts on gold and silver, as well as spot trading in these metals. The contracts are denominated in Hong Kong dollars and are settled in cash. The CGSE also offers options on gold and silver futures contracts.
In addition to futures and options trading, the CGSE also operates a physical precious metals market, where members can buy and sell physical gold and silver. The CGSE is a major player in the global precious metals market and is a key hub for trading and price discovery in the Asian region.
The Swiss Stock Exchange
The Swiss Stock Exchange, also known as SIX Swiss Exchange, is a stock exchange located in Switzerland that offers a range of financial products and services, including the trading of gold. SIX Swiss Exchange is a regulated exchange that operates under the oversight of the Swiss Financial Market Supervisory Authority (FINMA).
SIX Swiss Exchange offers gold trading through futures contracts and exchange-traded funds (ETFs). Gold futures contracts are financial instruments that allow traders to buy or sell gold at a predetermined price on a specific date in the future. SIX Swiss Exchange gold futures contracts are denominated in Swiss francs and are settled in cash.
In addition to gold futures, SIX Swiss Exchange also offers a range of gold ETFs that track the price of gold. These ETFs are listed on the exchange and can be bought and sold like any other stock. Gold ETFs offer investors an easy and cost-effective way to gain exposure to the gold market without having to physically own the metal.