1. Because the silver market is an international market, mainly distributed in Europe, Asia and North America, it can be traded 24 hours a day because of the different trading hours in each market. However, 20: 00-24: 00 pm is the afternoon time in the European market, and the morning time in the American market is the most active time.
2. 5- 14 am Beijing time is Asian time. During this period, the market amplitude is relatively small, mostly for callback or adjustment, and generally contrary to the market trend of the previous trading day. For example, the market generally rose in the previous trading day, and at this time it mostly fell slightly. Usually, it is not recommended to participate in the market too much during the spot silver trading hours in the Asian plate, but if there is a suitable price, you can also try to take a light position with loss.
3. The morning session in Europe is 14- 18 Beijing time. At this time, the relevant European economies will release some economic data or regional economic events, and the market will begin to fluctuate obviously. Investors appropriately increase their positions and seize the profit opportunities in small bands.
Extended information:
1. Spot silver is a contract transaction based on the principle of capital leverage. It is required to complete the delivery procedures within 1 ~ 2 working days after the transaction is completed. However, some investors do not actually deliver silver after trading, but just close their positions at maturity to earn the difference profit.
2. When spot silver is traded, the currency unit is USD, the contract unit is ounces, and the trading method is T+0. The minimum and maximum price changes are 1 yuan/1kg, 10 yuan/10kg, 50 yuan /50kg and 100 yuan/100kg respectively. There is no upper limit for daily price fluctuation, so pay attention to risks when investing.
It is worth mentioning that silver futures can be bought and sold in China. Trading platforms include Shanghai Gold Exchange and Shanghai Futures Exchange. Users can also open precious metal trading accounts in banks and invest in paper and silver. But in the process of buying and selling, it is best to use your own spare money and have knowledge of silver investment.