Global Gold Trading Time Analysis

Global Gold Trading Time Analysis

As an important precious metal, gold has always attracted attention from investors.As a result, the trading time of the global gold market has also become one of the focus of investors' close attention.There are differences in trading hours in different countries and regions, and conversion between these periods will also affect the market.

Asia market

Asia is one of the most active regions in the global gold market. Among them, cities such as Tokyo, Hong Kong and Singapore have busy gold exchanges.The Asian market usually starts transactions in the morning, and has been traded for several hours before the opening of the European and American markets.Because the Asian region covers multiple time areas, the entire Asian market can be said to be a gold transaction for 24 hours.

European market

London is considered one of the world's largest and most influential gold trading centers, and London's future silver and spot prices are regarded as international standards.The European market is usually active in the morning, and it lasts until later in the afternoon after replacing the leadership of Asia.Compared with other regions, European market participants are more diverse, including various institutional investors, fund managers and retail investors.

American market

New York is known as the "World Commercial Center", and its New York Commodity Futures Exchange (COMEX) is also one of the important gold futures contract trading platforms.As one of the largest consumer countries in the world, the United States plays an important role in the world's demand for precious metals.From the afternoon of the Eastern Time to the end of the end of the United States, it is the main physical and derivative contract trading operations in the United States.

Summarize

In summary, in different periods of time, major economies have a great influence on global gold prices fluctuations. At the same time, in terms of attractiveness, due to the low proportion of foreign exchange guarantees, it is basically unable to deviate from these three major goods.China's import policy adjustment, black series products have slowed. Therefore, corn may have gradually recovered in these three major commodities. However, it is not completely clear.