Gold's busiest hours in Accra time

We measured the median range (high minus low) of every one-hour gold bar from June 2024 to November 2026, Monday to Friday: about 13,000 hours of CME gold futures prices. US market hours are fixed in New York time, and Ghana does not change its clocks (Greenwich Mean Time, UTC+0, all year). So the same hour falls one hour later in Accra when New York leaves daylight saving time on the first Sunday of November. New York left it on 1 November 2026, so the right-hand column applies now, until the second Sunday of March 2027.

A bigger range means bigger moves in both directions. It is a measure of activity, not of which way the price will go.

New York timeAccra, Mar–Nov (US daylight time)Accra, rest of yearMedian hourly rangeWhat happens
03:0007:0008:000.33%Roughly the London open
08:0012:0013:000.48%US data at 08:30 (jobs, inflation)
09:0013:0014:000.56%Wall Street opens at 09:30: busiest hour
10:0014:0015:000.53%US session, London still open
11:0015:0016:000.41%London afternoon, activity starts to fade
16:0020:0021:000.18%Quietest regular hour
17:0021:0022:00closedDaily pause of the CME gold market
20:0000:0001:000.34%Asian session gets going
21:0001:0002:000.39%Tokyo and Sydney active

How to use this, and what not to read into it

  • If you can only watch the market after work, note that gold is usually most active in the early afternoon in Accra, so that is also when fast moves can hit stop-losses.
  • Around US releases at 08:30 New York time (12:30 or 13:30 in Accra), spreads can widen and prices can jump past your stop. Check the economic calendar on our Ghana guide for the day.
  • The hours when gold is quietest, in the evening in Accra, are not safe hours: prices can still gap on unexpected news.
  • This is a description of past activity, not a trading signal. Our own strategies use their own rules, which we do not publish.

Check the hours for today

The live clock on our Ghana guide shows which sessions are open right now in Accra time and colours each hour by how much gold, Nasdaq 100, Dow Jones and S&P 500 usually move. Before using any broker, read what the guide says about checking it with Ghana's SEC. The underlying data is published as an open file: hourly-volatility.json. For how we test ideas, see our method.