DGCX Experiences 30% Rise in Trade Volumes During First Half of 2025
Increased Demand for Hedging Instruments Drives Growth at Dubai Gold and Commodities Exchange
RIYADH: The Dubai Gold and Commodities Exchange (DGCX) witnessed significant growth in trade volumes during the first half of 2025, with one million contracts traded, representing a 30% increase in average daily trading volumes compared to the same period in 2024.
This surge in activity has been attributed to heightened demand for hedging instruments amid global market volatility.
The exchange's gold contracts and Indian Rupee Quanto products were particularly instrumental in driving this upward trend in trading activity.
According to reports, DGCX’s Shariah-compliant Gold Spot Contract led the growth, with trade values reaching $46.8 million in the first six months of 2025, marking a 199.84% year-on-year increase.
Established in 2005 and owned by the Dubai Multi Commodities Center (DMCC), DGCX plays a pivotal role in establishing Dubai as one of the world’s leading gold trading hubs.
The exchange complements the international district's broader offering in both physical and financial trading infrastructure, serving over 1,500 member companies operating within the gold and precious metals sector.
Ahmed Bin Sulayem, chairman and CEO of DGCX, highlighted the exchange's exceptional momentum, with nearly $47 million traded through its spot gold contract alone during the first half of 2025.
The growth in trading interest for INR Quanto futures contracts, which enable global market participants to hedge against Indian rupee exposure without requiring access to the underlying Indian markets, further underscored DGCX's appeal and utility as a hedging tool.
This performance positions DGCX well to surpass its 2024 results and reinforces its role in regional financial infrastructure.
Sulayem emphasized that as global market conditions become increasingly complex, the exchange's adoption by Shariah-based investors, bullion traders, and institutional participants alike reflects growing demand for sophisticated, secure, and transparent hedging solutions.
DGCX recorded 1.56 million contracts traded with a notional value exceeding $37 billion in 2024 and is on track to surpass that figure in 2025.
The exchange's recent acceptance into the Arab Federation of Capital Markets' Business Development Committee further highlights its expertise in regulatory oversight, risk management, and product innovation, solidifying its position as a leading regional player in derivatives trading and financial market infrastructure.
Established in 1978, the AFCM plays a crucial role in enhancing collaboration and standardizing best practices across Arab stock exchanges.
This surge in activity has been attributed to heightened demand for hedging instruments amid global market volatility.
The exchange's gold contracts and Indian Rupee Quanto products were particularly instrumental in driving this upward trend in trading activity.
According to reports, DGCX’s Shariah-compliant Gold Spot Contract led the growth, with trade values reaching $46.8 million in the first six months of 2025, marking a 199.84% year-on-year increase.
Established in 2005 and owned by the Dubai Multi Commodities Center (DMCC), DGCX plays a pivotal role in establishing Dubai as one of the world’s leading gold trading hubs.
The exchange complements the international district's broader offering in both physical and financial trading infrastructure, serving over 1,500 member companies operating within the gold and precious metals sector.
Ahmed Bin Sulayem, chairman and CEO of DGCX, highlighted the exchange's exceptional momentum, with nearly $47 million traded through its spot gold contract alone during the first half of 2025.
The growth in trading interest for INR Quanto futures contracts, which enable global market participants to hedge against Indian rupee exposure without requiring access to the underlying Indian markets, further underscored DGCX's appeal and utility as a hedging tool.
This performance positions DGCX well to surpass its 2024 results and reinforces its role in regional financial infrastructure.
Sulayem emphasized that as global market conditions become increasingly complex, the exchange's adoption by Shariah-based investors, bullion traders, and institutional participants alike reflects growing demand for sophisticated, secure, and transparent hedging solutions.
DGCX recorded 1.56 million contracts traded with a notional value exceeding $37 billion in 2024 and is on track to surpass that figure in 2025.
The exchange's recent acceptance into the Arab Federation of Capital Markets' Business Development Committee further highlights its expertise in regulatory oversight, risk management, and product innovation, solidifying its position as a leading regional player in derivatives trading and financial market infrastructure.
Established in 1978, the AFCM plays a crucial role in enhancing collaboration and standardizing best practices across Arab stock exchanges.
