Gold is one of the oldest and well-known products used for investment in the history of human existence. The investments in gold have traditionally been to hedge against inflation. For the majority of the diversified investment funds, gold is a must-have product in the portfolio.
DGCX Gold futures contract provides the international benchmark pricing Gold contract for investors, speculators, hedgers, and arbitragers. Gold futures contract was the first contract launched on the DGCX platform in 2005 and has traded more than 5.4 million lots since then.
Contract Type | Future |
Contract Name | Gold |
Contract Symbol | DG |
Underlying | 31.99 Troy Ounces (1kg), cast in one bar of 0.995 Fineness |
Contract Size | 32 Troy Ounces (approx. 1kg) |
Notional Contract Value | 32 x Price |
Trading Currency | USD |
Settlement Currency | USD |
Price Quote | US Dollars per Troy Ounce |
Tick Size | US$ 0.10 |
Tick Value | US$ 3.20 |
Settlement Basis | Cash Settled |
Final Cash Settlement Price (FCSP) | Based on publicly available reference price |
Last Trading Day (LTD) | Two Business Days prior to the last Business Day of the contract month |
Trading Days | Exchange Business Days |
Trading Hours | 07:00 – 23:55 Hours Dubai time |
Trading Months | January, March, May, July, September and November |
New Contract Listing | Business Day immediately following the Last Trading Day |
Max Order Size | 200 Lots |
Wholesale Trades | Block Trade minimum size threshold: 50 lots |
Risk Warning: Investing in derivative products carries significant risks and may not be suitable for all investors. Volatility in these instruments can increase the level of risk and potential loss exposure. Before making any decision to engage in DGCX Derivaitive Products, it is essential to carefully assess your investment objectives, level of experience, and risk tolerance. You should only invest funds that you can afford to lose. We strongly encourage you to educate yourself thoroughly about the associated risks and, if you have any questions, seek advice from an independent financial or tax advisor.
GTC Multi Trading DMCC: is a limited company licensed and incorporated under the laws of the Dubai Multi Commodities Centre (No.DMCC-312687) and licensed by the Securities and Commodities Authority, United Arab Emirates (No.202200000007) to practice the activity of Commodity Brokerage – Trading and Clearing. Registered address: Unit No: 1501, 1 Lake Plaza, Plot No: JLT-PH2-T2A, Jumeirah Lakes Towers, Dubai, United Arab Emirates Website: www.gtcmtd.com
The information on this website may only be copied with the explicit written consent of GTC Multi Trading DMCC.
The entity mentioned above provides services only to individuals residing in the United Arab Emirates.
Disclaimer: All products and services promoted on this website are not intended for distribution to, or used by, any person or organization in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.