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The Dubai Gold and Commodities Exchange (DGCX) launched gold futures in November of 2005. Volume the first month was 5463 contracts. In March 2009, the DGCX set a monthly volume record of 101,215 contracts[1].

DGCX is an electronic, screen based market located in Dubai.[2]

Gold futures
Exchange DGCX
Settlement Physically delivered
Contract Size 32 troy ounces. (1 kg)
Pricing Unit US$3.20
Tick Value US$3.20
Contract Months Feb, Apr, Jun, Aug, Oct and Dec
First Notice Date Business Day immediately preceding First Delivery Day
Last Trading Day Business Day immediately preceding sixth Delivery Day
Note: This contract is electronic ONLY -- no open outcry
  No Open Outcry Electronic
Trading Hours N/A M/F 08:30 - 23:30 Hrs
Ticker Symbol N/A DG
Price Limits N/A N/A
Gold options
Trade Unit One futures contract
Point Value US$3.20 (U.S. $0.10 per Troy ounce)
Tick Value US$3.20 (1 point)
Option Months February, April, June, August, October and December
Strike Prices Increments of US$10.00
Exercise Style American
  No Open Outcry Electronic
Trading Hours N/A Monday - Friday, 08:30 - 23:30 Hours Dubai time (GMT+4)
Ticker Symbol N/A DGO
Price Limits N/A N/A




  1. DGCX Posts Record March Volume. Dubai Gold and Commodities Exchange.
  2. DGXX Completes First Month of Successful Trading. Dubai Gold and Commodities Exchange.
  3. Gold Specifications. Dubai Gold and Commodities Exchange.