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Introduction

Gains currently offers trading on 5 active commodities. XAU/USD (Gold), XAG/USD (Silver), and HG/USD (Copper) have leverage ranges of 2x-250x. WTI/USD (Crude Oil) and XPT/USD (Platinum) have leverage ranges of 2x-150x. See the Pair List for the full list of available pairs.

Market Times

Just like forex markets, the commodities market is not always open. Times are referenced in ET (New York time).
Day of the weekMarket open / close
MondayOpen apart from 5:00 PM - 6:10 PM
TuesdayOpen apart from 5:00 PM - 6:10 PM
WednesdayOpen apart from 5:00 PM - 6:10 PM
ThursdayOpen apart from 5:00 PM - 6:10 PM
FridayOpen until 5:00 PM
SaturdayClosed all day
SundayOpen from 6:10 PM
The following holidays may close markets or shorten trading sessions. 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

Commodity prices can change while markets are closed, creating gaps where the market opens at a different price than the previous close. Because of this, stop losses are not guaranteed for commodities. Positions held while markets are closed can be liquidated by a gap against the position, or can reopen with more profit than expected if the gap moves in your favor. Consider this risk 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 3 hours before to 10 minutes after the event.
  • Market closing, usually starting 1 hour before the market closes. For tier 2 commodities on Fridays, this can start up to 6 hours before the weekly close.