Gold Loses Its Weekends as CFI Joins the Seven-Day Bullion Club
By Arnab Shome
AI summary of the source article
CFI Financial Group has introduced Gold 24/7, a gold CFD trading under the symbol XAUUSD-24H that operates Monday through Sunday. The product is separate from CFI's spot gold instrument, featuring its own pricing, trading hours, and conditions across selected entities. CFI's rollout joins several similar 24/7 gold CFD launches this year by firms including CMC Markets, Scope Prime, Match-Prime, Vantage Markets, XM, VT Markets, and STARTRADER. Because traditional spot and futures markets close on weekends, these weekend CFDs rely on broker or liquidity provider pricing rather than open underlying exchanges, which often results in thinner liquidity.
Why it matters
The product provides traders with continuous access to precious metals outside standard trading sessions, addressing demand as news events increasingly occur during weekends.
Key facts
- CFI Financial Group launched Gold 24/7 under the symbol XAUUSD-24H, operating Monday through Sunday from 00:05 to 23:58 server time.
- The CFD has its own pricing and conditions separate from spot gold, though CFI did not disclose spreads, leverage, or specific jurisdictions.
- Weekend CFD prices rely on brokers or liquidity providers rather than underlying exchanges, typically resulting in thinner liquidity and wider spreads.