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Trading session clock

Which markets are open now, and when the busiest hours for gold start, in your own time zone.

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The four sessions

Forex and gold trade around the clock in four overlapping sessions named after their financial centres. Times are standard hours in UTC; they shift by an hour when daylight saving starts or ends in each centre.

SessionHours (UTC)What it means for gold
Sydney21:00 to 06:00Quiet; thin liquidity can mean gaps after weekend news.
Tokyo00:00 to 09:00Steadier ranges; Chinese and Japanese demand shows up here.
London07:00 to 16:00The heart of the physical gold market; volume and trends pick up.
New York12:00 to 21:00US data and Fed news; the most volatile hours for XAUUSD.

More detail in the best time to trade gold and gold trading sessions explained.

Questions

What is the best time to trade gold?

Gold is usually most active during the London session and especially the London–New York overlap (roughly 12:00 to 16:00 UTC), when US data is released and both big centres are trading.

Is gold traded 24 hours a day?

Almost: gold trades from Sunday evening to Friday evening (US time), with a short daily break around the New York close. Liquidity is thinnest in the late US and early Asian hours.

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