Gold trading hours: when to trade gold in Singapore
Gold is one of the most-traded precious metals on the market,1 but when is the best time to trade it? See gold trading times in Singapore of different gold markets and learn how to trade it with us.
What are the trading hours of gold markets in Singapore?
Gold markets’ trading hours in Singapore depend on whether you’re trading on spot, futures or options prices.
We offer CFD trading on spot gold prices between the hours of 7am on Monday and 6am on Saturday (Singapore time) during UK winter time (GMT), and between 6am on Monday and 5am on Saturday (SGT) British Summer Time (BST).*
We also enable you to trade on gold futures with CFDs. In line with the above time zone considerations, our gold futures trading hours are 24 hours a day, five days a week, except between 6am/7am and 5am/6am, Singapore time.*
For trading on gold options, we offer CFD trading on daily options between 3.30pm/4.30pm on Monday until 5.15am/6.15am on Saturday (Singapore time based on BST and GMT, respectively).* In addition to daily options, we also offer weekly and monthly options.
Here’s a quick overview of our gold trading hours – in Singapore time:*
|
Weekly open |
Weekly close |
Spot |
6am/7am (Monday) Closed between 10pm/11pm and 11pm/12am BST/GMT |
5am/6am (Saturday) |
Futures |
6am/7am (Monday) |
5am/6am (Saturday) |
Options |
2.30pm/3.30pm (Monday) |
4.15am/5.15am (Saturday) |
When is the best time to trade gold?
There are different times when a trader might want to take a position on gold. This is because the market price is determined by current political and economic conditions around the world which might cause shifts in supply and demand. An increased supply but inconsistent demand will lead to lower prices, and a reduced supply but consistent demand will lead to lower prices.
However, many traders accept that gold is a ‘safe-haven’ asset, meaning that in times of economic uncertainty, it retains its value, or might even increase. This is because more and more market participants will look to store their money in gold rather than in other assets, which causes demand to outstrip supply.
In contrast to paper money, the amount of gold in the world can’t be increased or decreased at will, which helps the precious metal retain its value.
Another important factor in the price of gold is how much various countries have stockpiled in reserves – the greater the reserves, the higher the price of gold. The US Federal Reserve has the world’s largest gold store of more than 8,000 metric tons.2
So, determining when to trade gold largely depends on your outlook – whether you think the market will rise or fall.
CFDs enable you to trade on the price of gold without having to take ownership or delivery of the underlying market. This means that they can be used to take a position on the price of gold rising (by going long), as well as falling (by going short).
How to trade gold
- Open a CFD trading account with us or log in
- Decide how you want to trade gold (determine your interest in gold, trading CFDs on spot, futures or options prices, or gold stocks or gold ETFs)
- Find your opportunity
- Open your first gold trade
- Monitor your position
1 BlackBull, 2025
2 Markets.com, 2025
* Please note that Daylight Saving Time in the UK affects trading hours. The time shown here reflects UK trading hours converted to Singapore time (SGT). When the UK changes its clocks, the time difference between the UK and Singapore shifts between +7 hours (during BST) and +8 hours (during GMT) throughout the year.
IGA, may distribute information/research produced by its respective foreign affiliates within the IG Group of companies pursuant to an arrangement under Regulation 32C of the Financial Advisers Regulations. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, IGA accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore recipients should contact IGA at 6390 5118 for matters arising from, or in connection with the information distributed.
The information/research herein is prepared by IG Asia Pte Ltd (IGA) and its foreign affiliated companies (collectively known as the IG Group) and is intended for general circulation only. It does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
Please see important Research Disclaimer.
Predict on commodities
Trade commodity futures, as well as 27 commodity markets with no fixed expiries.1
- Wide range of popular and niche metals, energies and softs
- Spreads from 0.3 pts on Spot Gold, 2 pts on Spot Silver and 2.8 pts on Oil
- View continuous charting, backdated for up to five years
1In the case of all DFBs, there is a fixed expiry at some point in the future.
Turn knowledge into success
Practice makes perfect. Take what you’ve learned in this commodities strategy article, and try it out risk-free in your demo account.
Ready to trade commodities?
Put the lessons in this article to use in a live account. Upgrading is quick and simple.
- Deal on our wide range of major and niche commodities
- Protect your capital with risk management tools
- Enjoy some of the best spreads on the market – Spot Gold from 0.3 points
Inspired to trade?
Put the knowledge you’ve gained from this article into practice. Log in to your account now.
