Where can I trade gold 24 hours a day?
Verdict
- Pepperstone is where we would trade gold around the clock: its GOLD-PERP perpetual CFD trades 24/7, weekends included, and appears on the retail margin table of the Bahamas entity that serves Singapore.
- A perpetual has no expiry; instead of a classic swap it carries a funding rate set weekly in advance and applied daily at 5 pm New York time.
- Pepperstone's Australian costs page lists a 0.03% per-side commission on GOLD PERP; confirm the rate on your own account.
- The account sits with Pepperstone Markets Limited, licensed in the Bahamas; Pepperstone has no MAS licence.
Most gold CFDs follow the weekday rhythm of the global gold market and close at the weekend. A perpetual CFD does not. If you want a gold price you can trade on a Sunday afternoon in Singapore, here is how Pepperstone's version works, what it costs, and what to watch.
Pepperstone's GOLD-PERP: gold every day of the week
We pick Pepperstone because it is the broker in our data with a published 24/7 gold contract. GOLD-PERP is one of five perpetual CFDs, alongside NAS100, US500, WTI and Brent, on the retail margin table of Pepperstone Markets Limited, the Bahamas-licensed company that accounts from Singapore are opened with. You trade it on TradingView, MT5, cTrader or the Pepperstone app; it is not offered on MT4. You need no crypto wallet, and the position has no expiry date.
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What a round-the-clock gold position costs
Two charges matter: commission and funding. Pepperstone's Australian costs page shows 0.03% per side on GOLD PERP with no minimum; the Bahamas site may differ, so check it in your platform before trading size.
- $10,000 of GOLD-PERP: $3 to open and $3 to close at 0.03%.
- $50,000: $15 each way, $30 for the round trip.
- Funding: a rate Pepperstone fixes once a week in advance and applies every day at 5 pm New York (5 or 6 am in Singapore), so you know next week's holding cost before you commit.
- Margin: the Bahamas entity allows retail clients up to 1:200 on gold; perpetuals follow the tiers in its retail margin table.
Perpetual or spot gold?
Both are CFDs on the gold price; they differ in when you can trade and how you pay to hold.
| GOLD-PERP | Spot XAU/USD CFD | |
|---|---|---|
| Trading days | 7 days a week | Weekday sessions (see symbol specification) |
| Expiry | None | None |
| Cost of holding | Funding rate, set weekly, applied daily | Overnight financing |
| Trading cost | Commission (0.03% per side on the AU page) | Razor avg 0.12 plus commission; Standard avg 0.19 |
| Platforms | TradingView, MT5, cTrader, Pepperstone app | The same, plus MT4 |
Before you hold gold over a weekend
- Size for the unexpected: Pepperstone does not offer guaranteed stops on the sites we checked, so a stop can fill worse than its level.
- Plan your cash: support is listed as 24/7 on the contact page, but bank withdrawals are counted in business days.
- Know your counterparty: Pepperstone Markets Limited (SCB, SIA-F217), no MAS licence and no named compensation scheme; retail clients are not liable for a negative balance.
- Compare elsewhere: XS accepts Singapore residents and lists XAU/USD, but our data shows no 24/7 gold contract there; we have not verified weekend gold at MAS-licensed firms such as IG, CMC Markets or Saxo.
Sources
Product and cost pages published by Pepperstone.
Is GOLD-PERP the same as owning gold?
No. It is a CFD on the gold price; you never hold metal, a certificate or a token.
Can I trade gold 24/7 on MT4?
Not with Pepperstone's perpetual. GOLD-PERP runs on TradingView, MT5, cTrader and the Pepperstone app.
Do perpetual CFDs expire?
No. Pepperstone's perpetuals have no expiry; a funding rate is applied daily for as long as the position stays open.
CFDs, including perpetual CFDs, are complex leveraged products with a high risk of losing money quickly. Positions kept open over weekends remain exposed to price moves. This page is not investment advice; check each broker's current terms before trading.