Hong Kong Datian Gold Industry: Is the trading time of spot gold the same as that of stock trading?

Spotgoldcontain100What are the advantages of investing in spot gold besides high returns, such as double leverage returns?The trading rules for spot gold are flexible, such as the use of margin trading, which canT+0On the day of trading, you can buy and sell, and you can trade in both directions. Finally, the trading time of spot gold is also very flexible. Today, let me talk to you about whether the trading time of spot gold is the same as that of stock trading?

　　1Is the trading time of spot gold the same as that of stock trading?

The trading time of spot gold is different from that of stock trading. The former can24Hourly trading, followed by intraday trading hours4Hours. The opening time of spot gold varies on different platforms. Generally speaking, during summer time, which is the time of the year4month-10The trading time for spot gold is every Monday in Beijing time07：00Until Saturday03：00Therefore, the market is closed on Saturdays03:00Until Monday07:05Before the market opened, a total of approximately52Hours.

During winter time, i.e. every year11month-3The trading time for spot gold in the month is Monday, Beijing time07：00Until Saturday04：00Therefore, the market is closed on Saturdays04:00Until Monday07:05Before the market opened, a total of approximately51Hours.

　　2Spot gold sub market trading trend

Early Beijing Time5PM - Afternoon14The market trend is generally relatively light, mainly due to the relatively small driving force of the Asian market!The fluctuation amplitude of the disk is small and there is no obvious direction. Most of them are adjustments and pullbacks in the market. Generally, the direction of the trend is opposite to that of the day. For example, if the trend rises on the day, this period is mostly a slightly volatile decline. During this period, if the price is suitable, appropriate purchases can be made.

　　3Why is spot gold trading light in the Asian session?

Gold is priced in US dollars, and the rise and fall of the US dollar affect the price of gold. So when the US market opens, the price of gold changes more significantly. The Asian economy has a relatively small impact on gold prices. So in the long cycle, the Asian market is colder than the US market.

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Is the trading time of spot gold the same as that of stock trading?”For all the content, interested friends can directly log in to the official website of Datian Global Precious Metals and open a simulated account worth 100000 US dollars to experience the operation. For more information about spot gold, please continue to pay attention to the updates in the spot gold asset column of the Gold Academy on the official website of Datian Global Precious Metals.