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XM said in a statement issued from Limassol, Cyprus, on August 6 that it had introduced GOLD24-7, a trading instrument giving clients access to gold markets seven days a week. Unlike traditional gold contracts for difference that observe standard market hours, the new product allows positions to be opened and closed over the weekend. The broker noted that economic data releases, geopolitical events and other developments continue to shape market sentiment during periods when spot and futures trading typically pause.
Stavri Morti, co-chief executive at XM, said in the announcement, “Markets don’t stop generating news simply because it’s the weekend. Economic data, geopolitical developments and breaking news can all influence market sentiment over the weekend. We introduced GOLD24-7 to give our clients greater flexibility to respond to those developments as they happen, instead of waiting until Monday.” The statement described the launch as part of a wider effort to expand the product range while adapting the trading environment to evolving client requirements and market conditions.
The announcement highlighted XM’s position as a market leader in gold trading for more than 15 years. Earlier this year the firm maintained uninterrupted access and provided execution conditions that included zero requotes and no rejections amid elevated volatility in the metal. GOLD24-7 extends that record by removing the conventional five-day limitation on gold CFD activity.
Finance Magnates reported that the introduction places XM among an expanding group of retail brokers offering weekend access to gold trading. Vantage Markets rolled out its own seven-day gold CFD last month while CMC Markets added weekend gold trading in April. Gold itself has stayed among the most actively traded instruments on retail platforms throughout the year, the industry news service noted.
XM operates as an internationally regulated trading firm with more than 20 million clients in over 190 countries, according to its corporate profile. The broker holds multiple licenses and provides access to more than 1,400 financial instruments across desktop and mobile platforms. It has built a reputation for competitive conditions, educational resources and client support over its 15-year history.
GOLD24-7 is available immediately to all existing and new XM clients. Account opening can be completed within minutes through the firm’s website or application. The statement reminded traders that gold instruments carry significant risk and may not suit all investors.
