The Weekend Gap Theory says gold prices can change over weekends. This is because big markets are closed, leading to less trading. This can cause a gap in prices from Friday to Monday.
Major markets open: Financial-influenced commodities, particularly gold, tend to exhibit greater price volatility around the London session open (4 a.m. ET), the U.S. pre-market hours (8:30-9:30 a.m. ET), and U.S. Wall Street open (9:30 a.m. ET).
For example, you can trade COMEX gold futures contracts, which operate on a central exchange from Sunday to Friday (Chicago time) between 6 pm and 5 pm. You can also trade gold CFDs (Contracts for Differences) with FP Markets, which trade over the counter (OTC) and are largely open 24 hours daily.
Unfortunately you cannot sell your gold to a pawnbroker on Sunday. The great majority of pawnbrokers who also buys gold and not only pawn gold are not open on Sunday.
Gold is approaching $5,000, and 'unavoidable uncertainty' means it could go higher. Gold could see numerous peaks in 2026, depending on uncertainties, says RBC. The big lesson so far this year for gold investors is that there's no limit to fresh highs as investors navigate uncertainty and geopolitics.
If you need extra money right now, selling some gold could make sense. However, if your finances are stable, holding onto it may prove more savvy in the long run.
April, July–August, and early January are usually the best months because pricing is stable and demand is moderate. November is the most auspicious month but may have higher demand-driven pricing.
The "90 Rule" in trading, often called the 90-90-90 Rule, is a harsh market observation stating that roughly 90% of new traders lose 90% of their money within their first 90 days, highlighting the high failure rate due to lack of strategy, poor risk management, and emotional trading rather than market complexity. It serves as a cautionary tale, emphasizing that success requires discipline, a solid trading plan, proper education, and managing psychological pitfalls like overconfidence or revenge trading, not just market knowledge.
3 = Do not risk more than 3% of your total capital on a single trade. 5 = Keep your total exposure to open trades less than 5%. 7 = Aim for at least a 7:1 profit-loss ratio on each trade. For example, if you risk $500, your potential profit should be around $3500.
The myth that there is a perfect day of the week to buy gold is simply not supported by evidence. Markets operate globally, Monday to Friday, and prices are set by economic realities rather than superstitions.
Daily Benchmarks. The LBMA sets a twice-daily gold price fix (once in the morning and once in the afternoon) known as the London Gold Fixing, used as a reference point by many institutions and jewellers. However, this is a benchmark, not a cap—retail prices continue to fluctuate in real time around this fix.
Gold's stratospheric rise, the best percentage gain since 1979, surprised even the most bullish metal mavens as Wall Street firms chased the run-up. The precious metal, which sat at $2,606 last December, rallied over 66% in 2025, hitting a series of new highs, settling around the $4,325 level at year-end.
Yes, you must declare gold to HM Revenue and Customs (HMRC) if you're carrying over £10,000 in value into the UK; otherwise, your obligation depends on whether you're selling it (report profits above the Capital Gains Tax allowance) or if you're a trader, but you must also keep records for any gold you import or sell, especially for tax or VAT purposes.
While no one can guarantee future prices, many analysts, like Ed Yardeni, predict gold could reach $10,000 per ounce by 2030 or earlier, citing factors such as central bank buying, currency debasement fears, inflation hedges, and global economic uncertainty as key drivers, although some forecasts remain more conservative.
Is gold still a good investment in 2025? Yes. Gold remains a strong hedge against inflation and global uncertainty, especially with central banks increasing their gold reserves.
The best places to sell gold in 2025 are reputable online gold buyers like CashforGoldUSA and established local precious metals dealers, with online buyers typically offering 90-95% of spot price compared to 70-80% from local options.
Saturday is not considered a good day to buy gold. However, you have to evaluate the market prices of gold, your goals and budget to decide if you should buy gold. Ultimately, any investment can be good if it is planned well.
Are there specific months when gold prices tend to be higher? Gold prices often rise in the fall, especially around September and October, due to increased demand during festivals and holiday seasons. Prices may also see an uptick in January.
