When it comes to commodities, timing is everything. You can conduct trades on an almost 24/5 basis, with a two-day break from Friday afternoon until Sunday morning. The markets open and close in each location across the world according to local time zones. They generally open around 9:30 am local time and close at 4:30 pm.

However, each market experiences a ‘busy’ period, when traders of all types rush to close out existing positions and enter new ones. This means liquidity increases, creating an array of strategic trading opportunities. The busy period normally occurs in the last half hour before the day closes.