Gold Traders Confront Weekend Trading Limitations
For decades, gold has been one of the world's most important financial assets. Despite its global significance, access to gold remains largely governed by trading schedules established long before the era of real-time news, digital assets, and twenty-four-hour markets.
The launch of GOLD247 by TradeQuo allows clients to participate in weekend gold trading. This initiative reflects a broader market question: as gold becomes increasingly important to investors, institutions, and even the technology sector, should access to the metal still be constrained by traditional market hours?
Gold gained more than 65% within a twelve-month period, registered 53 all-time highs, closed near $4,339 per ounce, and later advanced to $5,594 by January 2026. Total gold demand reached a record of 4,974 tons during 2024, supported by 1,180 tons of investment demand and 1,045 tons of central-bank purchases.
Despite record prices and sustained institutional interest, many analysts argue that gold remains surprisingly under-owned. Major U.S. gold ETFs collectively held approximately $219 billion worth of gold, which is roughly one-third of one percent of equity market value.