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Boom year for Dubai Gold and Commodities Exchange

Posted on 12 November 2013

Volumes on the Dubai Gold and Commodities Exchange (DGCX) have surged 56 per cent year on year on the back of strong growth in precious metal contract trades. Gold futures trading surged 60 per cent during October, with 45,928 contracts being traded. Silver futures rose 88 per cent to hit a new monthly high of 2,882 contracts traded.
Precious metals and gold in particular are central to the exchange’s expansion plans, with a spot gold contract to be launched imminently, according to Gary Anderson, DGCX’s chief executive………………………………………..Full Article: Source


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