Gold Trading Hours: COMEX, Forex Brokers and EVEDEX
Last Updated: September 21, 2026
Gold trading hours vary sharply by venue: COMEX futures run Sunday 6pm to Friday 5pm ET with a daily break, forex brokers quote XAUUSD on a similar Friday-to-Sunday closed schedule, and London's OTC market runs through business hours with two daily reference auctions. EVEDEX's XAUTUSD perpetual is the outlier — it trades every hour, every day, with no scheduled close.
That gap matters for anyone holding a position into the weekend: a market that's closed can't react to news, but it also can't be adjusted until it reopens, sometimes at a different price than where it closed. For what the underlying instrument actually is, see what is XAUUSD, and for how a price move converts into money on each type of contract, see XAUUSD pips. Traders who hold positions within a single day rather than across a close should also read what is day trading. EVEDEX's own gold market sits on the gold trading page, and its full 52-market line-up, including crypto perpetuals that share the same 24/7 schedule, is covered on crypto futures.
Gold Trading Hours by Venue
| Venue | Trading Hours | Weekly Close | Notes |
|---|---|---|---|
| COMEX gold futures (GC) | Sunday 6pm ET to Friday 5pm ET, with a daily maintenance break | Friday 5pm ET to Sunday 6pm ET | Daily break runs roughly 5-6pm ET; daily settlement price is set at 1:30pm ET, hours before the session ends |
| London OTC gold (LBMA) | Continuous OTC trading through London and global business hours | Weekends | The LBMA Gold Price AM and PM auctions set a twice-daily benchmark; they aren't the only window banks trade in |
| Forex/CFD broker XAUUSD | Roughly 23 hours a day, 5 days a week, broker-dependent | Friday evening to Sunday evening (US Eastern Time) | Spreads typically widen near the Friday close, and prices can gap at the Sunday reopen |
| EVEDEX XAUTUSD | 24/7, every day, no scheduled break | None | Funding rate resets every 8 hours and is debited in one-eighth steps each hour, applying every day including weekends |
Data as of September 21, 2026. COMEX schedule: CME Group gold futures fact card. Forex broker hours: OANDA trading hours. XAUTUSD schedule and funding: EVEDEX trading terms.
What Changes When the Market Is Closed (or Thin)
A closed market doesn't stop the world from producing news. If a central bank speaks or a geopolitical event breaks over a weekend, COMEX futures and forex XAUUSD both sit frozen until the next open, then reprice all at once — a gap that can jump straight past a stop-loss order rather than filling at it. That's a structural risk of any venue with a scheduled close, not a flaw specific to one broker. The same applies, on a smaller scale, to COMEX's daily maintenance break: a fast-moving headline that lands during that hour has to wait for the reopen before the futures market can react, even though the underlying gold price implied by other venues may already have moved.
Even within hours when a market is technically "open," liquidity isn't constant through the day. Three patterns show up repeatedly across gold and forex trading generally:
- The London-New York overlap is the deepest window. With European and US desks active at the same time, order books tend to carry more resting size and tighter pricing than at other hours.
- The Asia-only hours are thinner. Between the New York close and the Tokyo/London handover, fewer active desks are quoting, so the same order size can move the price more.
- Scheduled data releases spike volatility briefly. Central bank decisions and major economic reports can widen spreads for minutes around the release, independent of the broader session.
A snapshot of EVEDEX's XAUTUSD order book on September 21, 2026, during the London morning session, showed a bid-ask spread of about 0.0123%, per CoinGecko — a single data point, not a claim that the spread stays that tight at every hour, since thinner windows on any venue typically widen spreads and increase the price impact of a given order size. A meaningful before-and-after comparison would need to sample the same instrument across a full weekly cycle, including the quietest overnight hours, which is a natural next step for tracking this market rather than a one-off reading.
Why XAUTUSD Never Closes
EVEDEX doesn't run gold on a session schedule because there's no trading desk that needs to go home for the weekend — matching happens off-chain continuously and settlement is on-chain on Arbitrum, the same infrastructure that keeps EVEDEX's other 51 markets running around the clock. That removes the specific weekend-gap risk described above: a XAUTUSD position can be adjusted or closed at 3am on a Saturday exactly as easily as at 10am on a Tuesday.
It doesn't remove funding, though. The funding rate resets every 8 hours and is debited in one-eighth steps each hour, every single day, including weekends when a COMEX or forex position would simply be sitting closed and accruing nothing. A position held through a weekend on EVEDEX keeps paying or receiving funding the whole time; a position closed on a broker before Friday's close doesn't, because there's nothing open to charge.
That's a real trade-off, not just a convenience. A trader who deliberately closes a forex XAUUSD position before the weekend to avoid holding risk over two days of no trading pays nothing extra for that choice — the position is simply flat. The same choice on EVEDEX means either closing the XAUTUSD position (and giving up any weekend price move, in either direction) or holding it and continuing to pay or receive funding regardless of whether the market is quiet or volatile. Neither approach is automatically better; it depends on whether a trader wants weekend exposure at all, and how the funding rate compares to what a broker's swap would have charged for the same days.
A related point worth noting on COMEX specifically: the daily settlement price is fixed at 1:30pm ET, well before the Globex session actually closes for the day at 5pm ET. Positions carried past settlement are marked at that 1:30pm price for margin purposes even though trading continues for several more hours, which can create a gap between a trader's live P&L and their settled margin balance until the next day's settlement catches up.
Trading Gold on EVEDEX, Around the Clock
EVEDEX lists gold as XAUTUSD, a perpetual contract on Tether Gold that trades 24/7 with no scheduled close and no weekend gap of the kind that affects COMEX futures or forex XAUUSD. Leverage reaches up to 100x, limited to $30,000 notional at that tier, with maker/taker fees of 0.015% and 0.045% before up to 35% cashback, and a minimum order of 5 USDT. The funding rate resets every 8 hours and is debited in one-eighth steps each hour, applying continuously since the market never closes to pause it. On September 21, 2026, XAUTUSD carried $14.38 million in open interest and $9.99 million in 24-hour volume, per CoinMarketCap — smaller than a listed futures market, but tradable at any hour a trader is awake. There's no physical gold, no XAUUSD ticker and no session schedule on EVEDEX, only the always-open XAUTUSD perpetual. Perpetual futures carry a high risk of loss.
