In fact, there are many examples of this kind of liquidation, whether it is the stock market or the gold spot market. For example, some major holidays and anniversaries, because financial practitioners want to have a holiday, they naturally have to close.
The liquidation of gold can be simply understood as a suspension of trading. Generally, major festivals, anniversaries and weekends, international gold is basically closed. Gold trading is generally divided into spot trading and futures trading. Spot gold mainly refers to gold nuggets (bricks), gold keys, gold bars and coins; Gold futures trading is not delivered immediately after trading, but both parties sign a contract, pay the deposit and then deliver on the scheduled date.
Gold trading has many advantages, such as the transfer of property rights, mortgage varieties, no banker and so on. Because gold is an internationally recognized item, you don't worry about selling it after buying it; In addition, the gold market is a global investment market. In reality, no consortium or country has the strength to manipulate the gold market.