Cryptocurrency Q&A
Why does gold close for an hour?
Why does gold close for an hour?
KpopMelody
Mon Dec 16 2024
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5 answers
823
I was wondering why the gold market closes for an hour every day. Is it for settlement purposes or some other administrative tasks? I'd like to understand the reason behind this one-hour closure.
5 answers
SarahWilliams
Wed Dec 18 2024
A brief pause, lasting between 45 minutes to an hour, marks the transition between trading sessions.
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Rosalia
Wed Dec 18 2024
This break serves as an unofficial end to one trading period and the beginning of the next.
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Caterina
Wed Dec 18 2024
Gold is traded almost continuously throughout the week, with minimal downtime.
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noah_wright_author
Wed Dec 18 2024
The official opening time for the gold market is 21:00 GMT on Sundays.
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SamsungSpark
Wed Dec 18 2024
Trading in gold occurs for nearly 24 hours each day, from Sunday evening to Friday night.
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