emirates7 - The Dubai Gold and Commodities Exchange (DGCX) reported a strong first half in 2025, with over 1 million contracts traded by June, representing a 30% year-on-year increase in average daily volumes.
This growth is driven by increased demand for hedging products amid global market volatility, particularly in gold contracts and the INR Quanto product.
The standout was DGCX’s Shariah-compliant Gold Spot Contract (DGSG), which saw trade value surge from US$15.6 million in H1 2024 to US$46.8 million in H1 2025 — an impressive 199.84% increase year-on-year. In terms of volume, DGSG contracts rose by 118% over the same period.
The INR Quanto futures contract, a synthetic instrument allowing global investors to hedge Indian rupee exposure against the US dollar without direct access to Indian markets, also maintained strong trading interest.
Ahmed Bin Sulayem, DGCX Chairman and CEO, stated, “DGCX has experienced exceptional momentum in the first half of the year, with nearly US$47 million traded through our spot gold contract alone — a 200% increase year-on-year — alongside a 30% rise in daily volumes driven by DGSG and INR Quanto futures. This positions DGCX well to exceed its 2024 results and cements its role as a key component of the region’s financial infrastructure.”
He added, “As global markets become more complex, the growing participation of Shariah-compliant investors, bullion traders, and institutional players underscores the increasing demand for sophisticated, secure, and transparent hedging solutions. We expect this trend to strengthen as we continue to enhance Dubai’s reputation as a world-class commodities and derivatives trading hub.”
As part of DMCC’s commitment to supporting the precious metals sector, DGCX plays a vital role in Dubai’s standing as one of the world’s leading gold trading centers. With more than 1,500 member companies in DMCC’s gold and precious metals industry, the exchange complements the wider district’s comprehensive physical and financial trading infrastructure.
This growth is driven by increased demand for hedging products amid global market volatility, particularly in gold contracts and the INR Quanto product.
The standout was DGCX’s Shariah-compliant Gold Spot Contract (DGSG), which saw trade value surge from US$15.6 million in H1 2024 to US$46.8 million in H1 2025 — an impressive 199.84% increase year-on-year. In terms of volume, DGSG contracts rose by 118% over the same period.
The INR Quanto futures contract, a synthetic instrument allowing global investors to hedge Indian rupee exposure against the US dollar without direct access to Indian markets, also maintained strong trading interest.
Ahmed Bin Sulayem, DGCX Chairman and CEO, stated, “DGCX has experienced exceptional momentum in the first half of the year, with nearly US$47 million traded through our spot gold contract alone — a 200% increase year-on-year — alongside a 30% rise in daily volumes driven by DGSG and INR Quanto futures. This positions DGCX well to exceed its 2024 results and cements its role as a key component of the region’s financial infrastructure.”
He added, “As global markets become more complex, the growing participation of Shariah-compliant investors, bullion traders, and institutional players underscores the increasing demand for sophisticated, secure, and transparent hedging solutions. We expect this trend to strengthen as we continue to enhance Dubai’s reputation as a world-class commodities and derivatives trading hub.”
As part of DMCC’s commitment to supporting the precious metals sector, DGCX plays a vital role in Dubai’s standing as one of the world’s leading gold trading centers. With more than 1,500 member companies in DMCC’s gold and precious metals industry, the exchange complements the wider district’s comprehensive physical and financial trading infrastructure.