DGCX Gold Futures trading volumes rise
- Date: 02-Apr-2020
- Source: Emirates Business
- Sector:Financial Markets
- Country:UAE
DGCX Gold Futures trading volumes rise
Total volumes on the Dubai Gold and Commodities Exchange (DGCX) in March totalled 1.8 million contracts, valued at $45.133 billion.. The Average Daily Volume (ADV) throughout the same month registered 81,850 contracts.. The last month saw Dubai Gold and Commodities Exchange's flagship Gold Futures product record year-on-year (Y-o-Y) Average Daily Volume (ADV) growth of 649.5 percent, and year-to-date (YTD) volume growth of 742.8 percent compared to the same period last year.. The DGCX's G6 currency portfolio also saw trading spike in March, registering Y-o-Y volume growth of 390.8 percent, and YTD volume growth of 475.4 percent compared to the same period in 2019..