DGCX YTD volumes jump 35%

Dubai: Dubai Gold and Commodity Exchange said it traded 7.18 million contracts throughout April, up 35 per cent on year driven by trading in G6 currency pairs and Indian rupee futures.

“We remain upbeat that we will see increased trading activity as we approach the second half of the year,” Les Male, CEO of the DGCX said in a statement.

The Sharia Compliant Spot Gold contract, which listed on the DGCX on March 29 traded over 314 kilograms of gold worth $13.39 million since inception.