DGCX reports strong H1 2025 performance with over 1 million contracts
Spot gold contract volume soars nearly 200% by value traded year-on-year
INR Quanto contract sees heightened activity amid regional hedging demand
Dubai, UAE: DGCX has announced a robust performance in the first half of 2025, with over 1 million contracts traded by the end of June, marking a 30% year-on-year increase in average daily volumes. The strong performance reflects the heightened demand for hedging instruments amid global market volatility, with gold contracts and the INR Quanto product leading the uptick in trading activity.
The standout performer of the period was DGCX's Shariah-compliant Gold Spot Contract (DGSG), which saw the value of trades increase from USD 15.6 million in H1 2024 to USD 46.8 million in H1 2025 – a remarkable 199.84% year-on-year increase. In volume terms, DGSG contracts rose 118% in the 12 months.
The INR Quanto futures contract, a synthetic contract that enables global market participants to hedge Indian rupee exposure against the US dollar without requiring access to the underlying Indian markets, continued to attract strong trading interest. This growing popularity signifies its importance as a regional risk management tool amid ongoing FX market fluctuations.
Ahmed Bin Sulayem, Chairman and Chief Executive Officer, DGCX, said: 'DGCX has seen exceptional momentum in the first half of the year, with nearly USD 47 million traded through our spot gold contract alone – a 200% year-on-year increase – and a 30% rise in daily volumes across the exchange driven by demand for DGSG and INR Quanto futures.
This performance not only places DGCX firmly on course to surpass its 2024 results but reinforces its role as a critical pillar in the region's financial infrastructure.
As global market conditions grow more complex, the exchange's rising adoption by Shariah-based investors, bullion traders, and institutional participants alike highlights the growing demand and broad appeal for sophisticated, secure, and transparent hedging tools – a position we expect will get stronger as we continue to reinforce Dubai's standing as a world-class centre for commodities and derivatives trading.'
Part of DMCC's dedicated support for the precious metals industry, DGCX plays a pivotal role in Dubai's status as one of the world's largest trading hubs for gold. With over 1,500 member companies operating in the gold and precious metals sector within DMCC, the exchange complements the international district's broader offering in physical and financial trading infrastructure.
The strong H1 2025 performance builds on DGCX's full-year 2024 results, which saw 1.56 million contracts traded with a notional value exceeding USD 37 billion. The exchange is well on track to surpass that figure in 2025, reinforcing its position as the region's leading derivatives marketplace.
About DGCX
The Dubai Gold & Commodities Exchange (DGCX) is the Middle East's largest digital marketplace where traders manage risk, protect value and grow portfolios. We drive liquidity in the market by offering a broad range of futures and options contracts covering base and precious metals, hydrocarbons, equities and currencies. Our members get the assurance of a highly regulated derivatives trading and clearing platform, which has global credibility and a proven settlement track record.
The DGCX owns and operates the region's largest and only multi-asset Clearing House – DGCX Clearing. It is recognised as a licensed Central Clearing-Counterparty (CCP) by SCA, and a 'Recognized Clearing House' (RCH) by the Monetary Authority of Singapore (MAS). Additionally, the exchange and clearing house is also regulated by the Securities & Commodities Authority (SCA) in the UAE.
Our unique location at the convergence of trade flows, time zones and commerce allow us to seamlessly fill a vital position in the global derivatives landscape, working across any market and geography and providing uninterrupted service with simple and transparent fees, benefitting from the UAE's progressive regulatory framework.
For more information, please visit: www.dgcx.ae
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