Wikitoro author Mike Druttman Written by Mike Druttman
Wikitoro fact checker Nick Zelver Fact checked by Nick Zelver
Updated Mar, 2024

On eToro, the trading hours for gold are as follows: The market opens at 17:00 on Sunday and closes at 15:30 on Friday, in the USA Central Time Zone (GMT -6:00). Additionally, there is a daily break in trading from 16:00 to 17:00 each day.

Trade Gold!

51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

 

Understanding trading hours isn't just about numbers on a clock. For me, it became the backbone of my strategy. Knowing when to trade influenced not just my profits but also my sleep pattern and daily routine. Trading gold on eToro meant aligning myself with global markets and their volatile dance.

Every morning, I sit with my coffee and log into the platform. I've observed that this precious metal can be traded during specific hours that mirror the major global gold markets. While weekdays are bustling, weekends often see reduced activity, making it a time for research rather than action.

eToro gold trading hours (GMT -6:00 USA Central)
EventTime
Market OpensSunday 17:00
Market ClosesFriday 15:30
Daily Breaks16:00-17:00

 

Decoding eToro's Gold Trading Hours

As someone deeply immersed in this platform, I've learned that its trading hours for this commodity are influenced by major markets from London to Hong Kong. But I've also been caught off-guard by unexpected maintenance breaks or global events that disrupt the usual schedule. Such nuances are learned only through experience.

 

Peak Hours: The Golden Window

During peak hours, the liquidity is a dream. The rapid fluctuations could be intimidating for a newbie, but for traders like me, it's an adrenaline rush. More buyers, more sellers, quicker trades – all resulting in potential lucrative deals.

 

Same Trading Schedule for Other Commodities

After researching the market hours for eToro gold, I discovered that other commodities share the same trading schedule. This includes the following assets:

  • Crude oil
  • Silver
  • Copper
  • Palladium
  • Gasoline
  • Heating oil

All these commodities follow the same market hours as gold, opening at 17:00 on Sunday and closing at 15:30 on Friday, Central Time Zone (GMT -6:00), with a daily trading break from 16:00 to 17:00.

 

Personal Tips for Aspiring Gold Traders

From my years of trading this precious metal with this broker, here are my golden nuggets of wisdom:

  • Monitor global events closely; a political event can shift gold prices dramatically.
  • Use eToro’s tools, especially time conversion features, to your advantage.
  • Always stay updated on eToro's notifications – they're invaluable.
  • Embrace the volatility during peak hours but be prepared for rapid shifts.

 

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.

Copy Trading does not amount to investment advice.  The value of your investments may go up or down.  Your capital is at risk.

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which hasbeen prepared by our partner utilizing publicly available non-entity specific information about eToro.

 

Wikitoro author Mike Druttman About Mike Druttman

Mike Druttman, Head of Content at Wikitoro.org, has decades of expertise in marketing communications and business matching. Educated at the CAM Foundation and the Chartered Institute of Marketing, Mike has collaborated with businesses from the UK to Japan. He founded KEYZUNA, bridging Japanese businesses with global innovations. With a diverse background spanning high-tech to hospitality, Mike's articles at Wikitoro reflect his vast knowledge and unique perspective.

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51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.