Prime Highlights
- Dubai Gold and Commodities Exchange (DGCX) registers over 1 million contracts in H1 2025 with average daily volumes up by 30%.
- Shariah-compliant Gold Spot and INR-Quanto futures lead trading activity in the face of chaos in global markets.
Key Fact
- Gold Spot contract value of trading went up by nearly 200% to register a high of $46.8 million in H1 2025.
- DGCX have been traded over 1.56 million contracts with a value of $37 billion in 2024.
Key Background
The Dubai Gold and Commodities Exchange (DGCX) recorded robust first half of 2025 with over 1 million contracts traded, recording a 30% increase in average daily volumes compared with the same period in 2024. This is a sign of continued demand for hedging products as investors try to ride out global economic storms and volatile commodity prices.
The Shariah-compliant Gold Spot Contract (DGSG) led the pack, reporting a near-200% surge in trading value to $46.8 million from $15.6 million in H1 2024. The uptick is a reflection of the heightened demand for gold trading in compliance with Islamic finance in the wake of investors flocking to safe-haven assets in the face of market volatility.
Yet another phenomenal growth area was INR-Quanto futures, which are specifically meant to allow investors to hedge rupee volatility when they lack direct access to local markets. The rapid take-up of the synthetic contracts has spoken to how important risk management opportunities are, especially in trades involving emerging-market currencies.
DGCX, since its establishment in 2005 as the Dubai Multi Commodities Centre (DMCC), remains one of the leading regional commodities and derivatives markets. CEO Ahmed Bin Sulayem added that the momentum positions the exchange to exceed its 2024 performance. DGCX traded 1.56 million contracts with a value of over $37 billion in 2024, showing its solid market presence and promise for innovation with diversified and Shariah-compliant products.