Gold and Silver Futures to Begin 24/7 Trading on May 1 in the United States
The announcement says gold and silver futures will trade around the clock for the first time in U.S. history, extending access to commodities long viewed as stores of value.
Summary
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Terms & Concepts
Futures: Standardized contracts to buy or sell an asset at a set price on a future date.
24/7 trading: A market structure that allows trading continuously, without the usual weekday closing hours.
Store of value: An asset considered capable of preserving purchasing power over time.