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Economic development
Dubai Gold and Commodities Exchange
Al Ittihad Newspaper
Dubai (Al Ittihad)
The Dubai Gold and Commodities Exchange (DGCX) posted the best monthly performance in 14 years with volumes of 2,382 million contracts valued at $ 39.2 billion in July 2019, beating its previous record of May 2018 with volumes of 2 , 16 million contracts. The Indian rupee futures contract was the best deal in July, posting its best monthly performance since inception, with 1.1 million traded contracts up 192%. The gold futures contract also recorded 61.7 thousand contracts, up 209% year on year. Eurozone futures performed well last month, the second highest at 3,683.
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