The Dubai Gold & Commodities Exchange (DGCX) has reported a strong performance for the first half of 2025, with more than 1 million contracts traded by the end of June.
The milestone represents a 30% year-on-year increase in average daily trading volumes, driven primarily by heightened demand for gold contracts and the increasingly popular INR Quanto futures.
Among the standout performers was the DGCX’s Shariah-compliant Gold Spot Contract (DGSG), which recorded a 199.84% surge in traded value, rising from USD 15.6 million in H1 2024 to USD 46.8 million in H1 2025. In terms of volume, DGSG contracts jumped by 118%, underscoring growing interest from institutional investors and Shariah-based traders seeking secure, transparent hedging options in a volatile market environment.
The INR Quanto futures contract also continued to gain traction. Designed to help global participants hedge Indian rupee exposure against the US dollar without requiring direct access to Indian markets, the synthetic contract remained a preferred risk management tool amid ongoing currency fluctuations.
Ahmed Bin Sulayem, Chairman and CEO of DGCX, commented:
DGCX has seen exceptional momentum in the first half of the year, with nearly USD 47 million traded through our spot gold contract alone – a 200% year-on-year increase – and a 30% rise in daily volumes across the exchange. This performance not only places DGCX on track to surpass 2024’s results, but also highlights its growing relevance in the global financial landscape.
He added that the exchange is increasingly becoming a go-to destination for bullion traders, institutional investors, and participants seeking sophisticated hedging solutions amid complex market dynamics.
A subsidiary of DMCC, DGCX continues to play a central role in reinforcing Dubai’s position as a major global trading hub for gold and precious metals. More than 1,500 member companies operate in this sector within DMCC, supported by a robust infrastructure for both physical and financial trading.
The strong H1 2025 performance follows DGCX’s successful full-year 2024 results, which recorded 1.56 million contracts valued at over USD 37 billion. With its current trajectory, the exchange is poised to outperform those figures and further strengthen its leadership in the regional derivatives market.
News Source: Dubai Media Office
