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XAUUSD · Hour by hour

Best Hours to Trade Gold (XAU/USD)

The honest answer is a table, not a rule of thumb. Gold (XAU/USD) moves 130.9 pips (0.1) in its busiest hour and 45.4 in its quietest — a 2.9× difference in the same instrument on the same day. Measured across 1,871,487 one-minute candles.
14:00busiest hour (UTC)
130.9pips (0.1) in that hour
118.5avg in the 12:00–16:00 overlap
68.4avg 00:00–07:00
How this was measured. Computed from 1,871,487 one-minute XAUUSD candles covering 2021-01-03 to 2026-04-30 — 1,641 trading days. Range means high minus low over the stated period, grouped by real clock time in UTC rather than by bar count, so an hour is an hour even across a weekend. Figures are in pips (0.1). The underlying numbers are published as JSON at https://fxabsolute.com/stats/XAUUSD.json.

The five busiest hours

RankHour (UTC)SessionAvg range
114:00–15:00 UTCLondon/New York overlap130.9
213:00–14:00 UTCLondon/New York overlap130.2
315:00–16:00 UTCLondon/New York overlap109.7
412:00–13:00 UTCLondon/New York overlap103.3
501:00–02:00 UTCAsian95.3

All five sit inside or adjacent to the London and New York sessions. That is not a coincidence and it is not a secret — but the size of the gap is worth seeing rather than assuming: the overlap averages 118.5 pips (0.1) an hour against 68.4 through the Asian hours.

The five quietest

RankHour (UTC)SessionAvg range
2404:00–05:00 UTCAsian45.4
2321:00–22:00 UTCLate New York / Asian open50.5
2220:00–21:00 UTCNew York54
2103:00–04:00 UTCAsian55.8
2022:00–23:00 UTCLate New York / Asian open62.4

A breakout strategy tested only in these hours will look broken, and a mean-reversion strategy tested only here will look brilliant. Neither result transfers.

Every hour, in order

Hour (UTC)SessionAvg rangeMedianClosed up
00:00–01:00 UTCAsian68.335.650%
01:00–02:00 UTCAsian95.35452%
02:00–03:00 UTCAsian70.840.453%
03:00–04:00 UTCAsian55.833.348.7%
04:00–05:00 UTCAsian45.428.547.4%
05:00–06:00 UTCAsian6939.852.5%
06:00–07:00 UTCAsian7448.349.9%
07:00–08:00 UTCLondon76.154.150%
08:00–09:00 UTCLondon76.352.752.8%
09:00–10:00 UTCLondon68.346.551.1%
10:00–11:00 UTCLondon65.643.950.1%
11:00–12:00 UTCLondon71.847.352.2%
12:00–13:00 UTCLondon/New York overlap103.375.150.3%
13:00–14:00 UTCLondon/New York overlap130.2100.850.2%
14:00–15:00 UTCLondon/New York overlap130.995.650.7%
15:00–16:00 UTCLondon/New York overlap109.772.750%
16:00–17:00 UTCNew York8454.452.6%
17:00–18:00 UTCNew York71.14748.7%
18:00–19:00 UTCNew York69.340.751.3%
19:00–20:00 UTCNew York63.237.551.4%
20:00–21:00 UTCNew York5429.745.8%
21:00–22:00 UTCLate New York / Asian open50.526.146.6%
22:00–23:00 UTCLate New York / Asian open62.427.363.8%
23:00–00:00 UTCLate New York / Asian open62.726.858.8%

What this does and does not tell you

Range is opportunity and risk in the same number. A wider hour means a target is reachable and a stop is reachable, and the ratio between them does not improve just because the hour is busy. What the table settles is narrower and more useful: whether a strategy was tested in the hours it will actually be traded in.

All times are UTC. London and New York shift with daylight saving and these candles do not, so a session named without a clock is an hour wrong for half the year.

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Questions

What is the best hour to trade XAUUSD?

By range, 14:00–15:00 UTC — averaging 130.9 pips (0.1). Whether that is "best" depends on the strategy: it is the hour with the most movement, which suits breakouts and punishes tight stops.

What time is XAUUSD quietest?

04:00–05:00 UTC, averaging 45.4 pips (0.1) — roughly 2.9 times less than the busiest hour.

Is the London/New York overlap really more volatile for XAUUSD?

Yes, measurably. The 12:00–16:00 UTC window averages 118.5 pips (0.1) per hour against 68.4 through 00:00–07:00.

Are these times in UTC or local time?

UTC, throughout. The candle timestamps are UTC and do not shift with daylight saving, so quoting a session without the clock would be an hour wrong for half the year.