# Metals

Navigator now provides trading on 2 metals, **XAU/USD** (Gold) and **XAG/USD** (Silver) with leverage options ranging from 2x to 100x.&#x20;

## Market Times

Just like forex markets, the metals market is not always open. Times are referenced in ET (New York time).

| Day       | Market Open / Close         |
| --------- | --------------------------- |
| Monday    | Open apart from 5 PM - 6 PM |
| Tuesday   | Open apart from 5 PM - 6 PM |
| Wednesday | Open apart from 5 PM - 6 PM |
| Thursday  | Open apart from 5 PM - 6 PM |
| Friday    | Open until 5 PM             |
| Saturday  | Closed all day              |
| Sunday    | Open from 6 PM              |

***\*** Navigator's **Metals Trading Hours** open **15 minutes after** the market start and close **15 minutes before** the market ends.*

You can access this link <<https://time.is/ET>> to check ET in your time zone.\
\
Additionally, there are the following **holidays** where market are closed: January 1st - 2nd and December 25th - 27th

## Gap

Metals prices can change when the market is closed, leading to gaps where the opening price differs from the previous closing price.

Because of this, we cannot guarantee stop losses. Be cautious when keeping trades open while the market is closed, as there is a risk of liquidation due to a significant gap in the opposite direction once the market reopens. On the flip side, this could also result in a larger win than anticipated, as volatility affects both sides. Please keep this in mind when using high leverage.


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