Is COMEX Market Open on Saturday? The Answer Most Traders Get Wrong

If you typed “is comex market open on saturday” into a search engine, you probably found a confusing mix of answers. Some pages say COMEX trades “nearly 24 hours.” Others show a Sunday open time. A few mention a mysterious daily break. None of them directly answer the question in a way that matches what you see on your screen when Saturday arrives.

Here is the reality: COMEX is not open on Saturday. It never has been, and current schedules confirm it remains closed every weekend .

The confusion comes from how futures trading hours are described. COMEX operates on CME Globex, and the session runs from Sunday evening through Friday afternoon. That “Sunday to Friday” label gets misread as “open almost all the time,” which leads traders to assume Saturday is included. It is not .

Understanding the COMEX Weekly Schedule

The standard COMEX session runs from 6:00 p.m. ET on Sunday to 5:00 p.m. ET on Friday . There is a daily one-hour pause from 5:00 p.m. to 6:00 p.m. ET, Sunday through Thursday .

The critical detail: the week ends at 5:00 p.m. ET Friday. Once that closing bell hits, COMEX stays dark until Sunday evening. Saturday is entirely outside the trading window.

For traders watching from India, this schedule shifts depending on US daylight saving time. When the US is on daylight saving, the Friday close lands around 2:30 a.m. Saturday IST . Under standard time, it pushes to about 3:30 a.m. Saturday IST. Either way, by the time most people wake up on Saturday morning, COMEX has already been closed for hours. It will not reopen until 4:30 a.m. Monday IST (daylight saving) or 5:30 a.m. Monday IST (standard time) .

Why the Confusion Exists

Several factors create the misleading impression that COMEX might trade on Saturday.

The “almost 24/7” myth. Many sources describe COMEX as trading “nearly 24 hours a day.” While technically true during the trading week, that phrase glosses over the hard weekend closure. The daily maintenance break gets mentioned; the Saturday closure often gets buried or ignored .

Extended-hours sessions on some products. Certain CME Globex products, like specific gold futures contracts, have experimented with expanded hours that include limited Saturday windows for maintenance-related trading . But these are exceptions, not the standard COMEX metals session. Spot gold, silver futures, and the vast majority of COMEX contracts remain closed on Saturday.

Different exchanges, different schedules. India’s MCX operates Monday through Friday with evening sessions that overlap with US hours. Some traders confuse MCX’s Saturday closure with COMEX’s, or assume both follow identical patterns . They do not, though both are closed on weekends.

What This Means for Your Trading Routine

The Saturday closure creates a specific problem: you cannot manage COMEX positions or monitor price action during a full calendar day and a half. From Friday afternoon ET until Sunday evening ET, the market is frozen.

For traders who hold metals positions over the weekend, this means accepting gap risk. Any news, geopolitical event, or macro development that breaks between Friday close and Sunday open gets priced in immediately when the market reopens. You cannot react until the session resumes.

The question then becomes: how do you stay prepared without being chained to your terminal?

Staying Ahead Without Staring at a Screen

Most trading platforms demand attention. MT4 and MT5 are powerful, but they are not designed for quick, passive monitoring. You open the terminal, navigate to the chart or order window, check positions, then close it again. Every time you want a one-second update, you perform a multi-step routine.

This is where a different approach helps. Camovia Tray turns your MT4 or MT5 into a system tray tool. Instead of opening the full terminal, you hover over a tray icon to see live quotes for your watchlist. Open positions appear in a compact panel showing symbol, direction, lot size, entry price, and current P&L. If you decide to close a position, you click the card and confirm.

For the weekend gap scenario specifically, this matters for two reasons.

First, pre-close awareness. Before COMEX shuts down on Friday, you can keep an eye on your open metals positions without disrupting your evening. The tray gives you enough visibility to decide whether to hold through the weekend or flatten exposure.

Second, Monday preparation. When COMEX reopens Sunday evening ET, you want to know early. Camovia Tray lets you check your positions and the market’s opening reaction from the tray, without launching the full platform. If something needs action, you can close a position directly from the tray panel.

The data stays on your machine. Positions and quotes are read locally from your MT4/MT5 terminal, not routed through an external server. It is a lighter, faster way to stay connected without committing to full-screen monitoring.

The Bottom Line

COMEX is closed on Saturday. It reopens Sunday evening ET, which translates to early Monday morning for Indian traders. The “24-hour market” label is a simplification that leaves out the weekend shutdown.

Understanding this schedule is the first step. The second is deciding how you want to handle the gap. For some traders, that means accepting the risk and checking in when the market reopens. For others, it means having a tool that makes the check-in effortless—so the weekend stays yours, and the market is there when you are ready for it.