Spot gold is a trading product in T+0 mode. The international market, European market, American market and Asian market with 24-hour trading refer to the three major markets defined by time difference, as well as the regional trading markets with opening and closing.

Asian market: Wellington, New Zealand opened at 4: 00 Beijing time, among which Hong Kong and Tokyo are more active markets.

European market: mainly refers to London and Frankfurt.

North American market: mainly refers to the American market.