What Are the Commodities Trading Hours?
You can trade Commodities on Pluang from Monday 06.00 WIB to Saturday 05.00 WIB in standard time. While US Daylight Saving Time is in effect, the hours move one hour earlier, to Monday 05.00 WIB to Saturday 04.00 WIB. These hours apply to all three instruments: gold (XAUUSD), silver (XAGUSD) and Brent crude (UKOUSD). There are also daily breaks, one hour earlier during US Daylight Saving Time: gold and silver pause from 05.00 to 06.00 WIB each day, and Brent crude pauses from 05.00 to 08.00 WIB, Tuesday to Friday. The market is closed from Saturday morning to Monday morning WIB, and you can't place orders while it's closed. Market holidays can shorten or close a trading day; the app shows whether the market is open. Positions you already hold stay open over the weekend, because they are rolling contracts with no expiry date.
- Standard time: Monday 06.00 WIB to Saturday 05.00 WIB.
- US Daylight Saving Time: Monday 05.00 WIB to Saturday 04.00 WIB. WIB itself doesn't change; the schedule follows US Daylight Saving Time.
- Weekend: Closed from Saturday morning to Monday morning WIB. You can't place orders while the market is closed, and open positions carry over to Monday.
- Daily breaks: Gold and silver pause from 05.00 to 06.00 WIB each day (04.00 to 05.00 WIB during US Daylight Saving Time). Brent crude pauses from 05.00 to 08.00 WIB, Tuesday to Friday (04.00 to 07.00 WIB during US Daylight Saving Time).
- Daily rollover: Swap is applied at 05.00 WIB (04.00 WIB during US Daylight Saving Time) to positions still open. For gold and silver, the Thursday rollover applies three days of swap to cover the weekend. For Brent crude, check the Swap Fee entries in Transaction History to see which rollover carried the weekend.
- Holidays: Market holidays can shorten or close a trading day; the app shows whether the market is open.
Related questions:
Q: Is the Commodities market open at the weekend?
No. The market closes on Saturday at 05.00 WIB (04.00 WIB during US Daylight Saving Time) and reopens on Monday at 06.00 WIB (05.00 WIB during US Daylight Saving Time). Your open positions stay open over the weekend. For gold and silver, the weekend swap is charged at the Thursday rollover. For Brent crude, check the Swap Fee entries in Transaction History to see which rollover carried the weekend.
Q: Why do the Commodities trading hours change during the year?
Because the schedule follows US Daylight Saving Time, while WIB stays the same all year. While US Daylight Saving Time is in effect, the hours are Monday 05.00 WIB to Saturday 04.00 WIB, the daily breaks move one hour earlier, and the daily rollover moves to 04.00 WIB. The rest of the year, the hours are Monday 06.00 WIB to Saturday 05.00 WIB.
Q: Can I place an order while the market is closed?
No. You can't place Commodities orders while the market is closed, so wait until it reopens on Monday at 06.00 WIB (05.00 WIB during US Daylight Saving Time). Market holidays can shorten or close a trading day; the app shows whether the market is open.
Q: What happens to my open positions when the market closes?
They stay open. Commodities positions are rolling contracts with no expiry date, so the weekend close doesn't end them and you don't need to do anything. Prices can move between Saturday's close and Monday's open, so your margin level can change as soon as trading resumes. Keep an eye on your margin level in the app. Pluang also sends alerts by email and push notification.
Q: What happens if trading in a commodity is halted?
You can't place new orders on that commodity until trading resumes. Your open positions stay open, and their value updates again once trading resumes. The first price after a halt can be very different from the last one, so your margin level can change sharply in one step.