The commodity market is a global platform for trading various commodities, including precious metals and energies. This market allows traders to speculate on the prices of these highly volatile instruments, such as gold and oil, without having to purchase the underlying asset. This means that traders can profit whether the price of the commodity is rising or falling.
- Gold: Traded under symbols like XAUAUD, XAUEUR, XAUUSD, XAUGBP.
- Silver: Available as XAGUSD, XAGEUR.
- Platinum: Traded as XPTUSD.
- Palladium: Known as XPDUSD in the market.
- WTI (West Texas Intermediate Light Crude Oil): Traded as WTI Light Crude Oil CFD.
- Brent Crude Oil: Known as Brent Crude Oil CFD.
- Natural Gas: Traded as XNGUSD (US Natural Gas).
Trading Hours of Commodities
The commodity market operates from Monday 01:02 until Friday 23:59. However, certain commodities have specific trading hours:
- WTI Crude Oil: From 6:00 PM Sunday to 5:15 PM Friday, with a daily break from 5:15 PM to 6:00 PM.
- Brent Crude Oil: From 6:00 PM Sunday to 5:15 PM Friday, with a daily break from 5:15 PM to 6:00 PM.
- Gold (XAU/USD): Trading is available from 10:01 PM Sunday to 9:00 PM Friday, with a break from 9:00 PM to 10:00 PM each day.
- Silver (XAG/USD): Same as gold, from 10:01 PM Sunday to 9:00 PM Friday, with a break from 9:00 PM to 10:00 PM each day.
- Natural Gas: From 6:00 PM Sunday to 5:15 PM Friday, with a daily break from 5:15 PM to 6:00 PM.