# Commodities

### Introduction

gTrade currently offers trading on the price of 5 commodities, at leverage ranges of 2x-250x for XAU/USD (Gold) and 2x-150x for XAG/USD (Silver), WTI/USD (Crude Oil), XPT/USD (Platinum), and XPD/USD (Palladium).

Please refer to the[ Pair List ](/gtrade-leveraged-trading/pair-list.md)page to see a full list of the pairs currently offered. 

### Market Times

Just like forex markets, the commodities market is not always open. Times are referenced in ET (New York time).

<table><thead><tr><th width="230.4285714285714">Day of the week</th><th width="150">Market Open / Close</th></tr></thead><tbody><tr><td>Monday</td><td>Open apart from 5 PM - 6 PM</td></tr><tr><td>Tuesday</td><td>Open apart from 5 PM - 6 PM</td></tr><tr><td>Wednesday</td><td>Open apart from 5 PM - 6 PM</td></tr><tr><td>Thursday</td><td>Open apart from 5 PM - 6 PM</td></tr><tr><td>Friday</td><td>Open until 5 PM</td></tr><tr><td>Saturday</td><td>Closed all day</td></tr><tr><td>Sunday</td><td>Open from 6 PM</td></tr></tbody></table>

Additionally, these are the following **holidays** where market are closed or closes early. Times are referenced in ET (New York time):

* April 2, 2026: Maundy Thursday (closes early at 1pm)
* April 3, 2026: Good Friday
* May 25, 2026: Memorial Day
* June 19, 2026: Juneteenth National Independence Day
* July 2, 2026: Day Before Independence Day (closes early at 1pm)
* July 3, 2026: Independence Day
* September 7, 2026: Labor Day
* November 26, 2026: Thanksgiving Day
* November 27, 2026: Black Friday (closes early at 1pm)
* December 24, 2026: Christmas Eve (closes early at 12:45pm)
* December 25, 2026: Christmas Day
* December 31, 2026: New Year's Eve (closes early at 4pm)
* January 1, 2027: New Year's Day
* January 18, 2027: Martin Luther King, Jr. Day (closes at 1pm, reopens at 6pm)
* February 15, 2027: Presidents' Day (closes at 2:30pm, reopens at 6pm)
* March 26, 2027: Good Friday
* May 31, 2027: Memorial Day

### Gaps

As the price of commodities can change while the market is closed, this can result in gaps, where the market opens at a different price than the price it closed at last time it was open.

Due to this, we cannot guarantee stop losses, which means you have to be careful with keeping trades open while the market is closed. It could be liquidated because of a big gap in the opposite direction once market opens. It could also result in a bigger win than you initially planned for, as volatility works on both sides. Please take this into consideration when using high leverage.

### Reduced Leverage/Increased Spread

The max leverage is temporarily reduced and spread is temporarily increased during:

* **Major USD news events**, from 1 hour before to 10 minutes after the event.
* **Market closing**, starting 30 minutes before the market closes.


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