Gold Weekly Outlook 26–30 Oct 2026: FOMC Week Levels and Trade Signals
Gold bias: SELL rallies. Turning point 4046, sell zones, buy zones, stops, targets and today's news times in PKT.
When forex and gold open and close in Pakistan time, the London and New York sessions in PKT for winter and summer, and when XAUUSD moves most.
What time does the forex and gold market open in Pakistan?
The forex and gold market opens on Monday at 03:00 PKT in winter and 02:00 PKT in summer, and closes on Saturday at the same time. Gold usually moves most between 18:00 and 22:00 PKT in winter, or 17:00 and 21:00 PKT in summer, when London and New York overlap.
Key takeaways
- The forex market opens on Monday at 03:00 PKT in winter (02:00 PKT in summer) and closes on Saturday at 03:00 PKT in winter (02:00 PKT in summer).
- The London session runs about 13:00–22:00 PKT in winter and 12:00–21:00 PKT in summer.
- The New York session runs about 18:00–03:00 PKT in winter and 17:00–02:00 PKT in summer.
- Gold (XAUUSD) usually moves most in the London–New York overlap: 18:00–22:00 PKT in winter, 17:00–21:00 PKT in summer.
- Pakistan doesn't use daylight saving time, so the PKT times shift by one hour when the UK, US or Australia change their clocks.
Pakistan Standard Time (PKT) is UTC+5 all year. The big trading centres change their clocks twice a year, which is why the same session starts at a different PKT time in winter and summer. This page lists both.
The forex market trades 24 hours a day from Monday to Friday. The week opens at 17:00 New York time on Sunday and closes at 17:00 New York time on Friday.
| US winter time (EST, early Nov to early Mar) | US summer time (EDT, early Mar to early Nov) | |
|---|---|---|
| Weekly open | Monday 03:00 PKT | Monday 02:00 PKT |
| Weekly close | Saturday 03:00 PKT | Saturday 02:00 PKT |
| Daily gold break (most brokers) | 03:00–04:00 PKT | 02:00–03:00 PKT |
Exact times vary slightly by broker. Check your broker's trading hours page for XAUUSD.
Session hours are conventions, not official times. These are the hours most traders and charting tools use.
| Session | Local hours | PKT in winter | PKT in summer |
|---|---|---|---|
| Sydney | 07:00–16:00 Sydney | 01:00–10:00 (Oct–Apr) | 02:00–11:00 (Apr–Oct) |
| Tokyo | 09:00–18:00 Tokyo | 05:00–14:00 | 05:00–14:00 |
| London | 08:00–17:00 London | 13:00–22:00 | 12:00–21:00 |
| New York | 08:00–17:00 New York | 18:00–03:00 | 17:00–02:00 |
Japan doesn't change its clocks, so the Tokyo session is always 05:00–14:00 PKT. Australia's summer is the northern winter, so Sydney's "winter" column above applies from October to April.
Gold is priced in US dollars, so it reacts most to US data and to London and New York trading. Volume and volatility are usually highest when both sessions are open.
| Window | PKT in winter | PKT in summer | What to expect |
|---|---|---|---|
| London open | 13:00–15:00 | 12:00–14:00 | First real move of the day, often a sweep of the Asian range |
| US data | 18:30 | 17:30 | Big, fast moves on CPI, NFP, PCE and GDP |
| London–New York overlap | 18:00–22:00 | 17:00–21:00 | Highest volume of the day |
| Asian session | 05:00–12:00 | 05:00–11:00 | Usually slower, tighter ranges |
For many traders in Pakistan this is convenient: the most active hours fall in the afternoon and evening, not overnight.
Each change moves the PKT time of a session by one hour.
| Country | Clocks go forward | Clocks go back | 2026 dates |
|---|---|---|---|
| United States | Second Sunday in March | First Sunday in November | 8 Mar and 1 Nov |
| United Kingdom | Last Sunday in March | Last Sunday in October | 29 Mar and 25 Oct |
| Australia (Sydney) | First Sunday in October | First Sunday in April | 4 Oct and 5 Apr |
For one to two weeks each spring and autumn the UK and US are out of step. In 2026, between 25 October and 1 November, London is already on winter time (13:00 PKT open) while New York is still on summer time (US data at 17:30 PKT).
Every time on FXDaily.news is already converted to Pakistan time, including the weekly gold outlook and the daily brief. For release times of US data, see US economic news times in Pakistan time.
Education only, not financial advice.

Gold bias: SELL rallies. Turning point 4046, sell zones, buy zones, stops, targets and today's news times in PKT.

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