DGCX H1 2025 Contracts Rise, Gold & INR Quanto Lead Gains

Photo: Dubai Government Media Office 

The Dubai Gold and Commodities Exchange (DGCX) has reported a very strong performance in the first half of 2025. Between January and June, traders completed more than 1 million contracts on the exchange. This is a big increase of 30% compared to last year, showing that more people are using DGCX to manage their risks in today’s changing market.

Why Are More People Trading?

Many traders are worried about global markets because prices of things like gold, currencies, and oil keep changing every day. To stay safe from these risks, traders use hedging tools. A hedging tool is something that protects you from losing money when prices go up or down suddenly.

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This is why DGCX saw a sharp rise in the number of gold and INR Quanto futures contracts traded this year. Let us understand what these contracts are and why they are popular.

What Is The Gold Spot Contract?

One of the main stars at DGCX was the Shariah-compliant Gold Spot Contract, also called DGSG. Shariah-compliant means it follows Islamic finance rules, so it is suitable for Muslim traders too.

Here is what happened with the gold contract:

• In the first half of 2024, people traded USD 15.6 million worth of gold contracts on DGCX.

• In the first half of 2025, this increased to USD 46.8 million.

• This is a 199.84% increase, which means it almost tripled in one year.

• The number of gold contracts traded also went up by 118% compared to last year.

This shows that more people trust DGCX for gold trading, and gold continues to be an important metal in the market.

What Is The INR Quanto Futures Contract?

Another major product on DGCX is the INR Quanto futures contract. This is a special contract that helps traders protect themselves from changes in the Indian rupee (INR) price against the US dollar (USD). It is called a synthetic contract because traders do not need direct access to Indian markets to use it. It is very useful for global traders who want to hedge their Indian rupee risks safely.

INR Quanto futures are popular because:

• Traders can manage their rupee risks without going to Indian exchanges.

• They can use it easily on DGCX because it is designed for international markets.

In the first half of 2025, many traders chose INR Quanto contracts as part of their risk management plan because currency prices were changing a lot due to global economic conditions.

What Did DGCX’s Chairman Say?

Ahmed Bin Sulayem, the Chairman and CEO of DGCX, shared his views on this success. He said:

“DGCX has seen great momentum in the first half of the year. Our spot gold contract alone saw nearly USD 47 million traded, which is a 200% increase compared to last year. We also saw a 30% rise in daily volumes across the exchange because of high demand for DGSG and INR Quanto futures.”

He added that this performance shows DGCX is on its way to surpass the results of 2024 and become an even more important part of the region’s financial system.

He further said that as global markets become more complicated, DGCX is becoming the first choice for many investors, including:

• Shariah-based investors

• Bullion traders (people who trade in gold bars and coins)

• Institutional participants like big banks and funds

They choose DGCX because it gives them safe, secure, and transparent ways to hedge their investments.

What Is DGCX’s Role in Dubai?

DGCX is part of the Dubai Multi Commodities Centre (DMCC). DMCC supports many industries, especially gold and precious metals. DGCX helps Dubai keep its name as one of the world’s largest gold trading hubs.

Here are some facts:

• DMCC has more than 1,500 companies working in the gold and precious metals sector.

• DGCX offers both physical and financial trading options to these companies.

• It gives traders access to modern tools, strong technology, and a safe trading environment.

This makes Dubai a strong player in the global commodities and derivatives market.

How Did DGCX Perform Last Year?

In the full year 2024, DGCX recorded:

• 1.56 million contracts traded

• These contracts had a total value of more than USD 37 billion

This year, looking at the first six months’ strong performance, DGCX is likely to cross these numbers easily by the end of 2025.

Why Is This News Important?

This news is important because:

• It shows how Dubai is becoming a major financial centre in the world.

• It tells us that traders need strong tools to manage risks, especially when market prices are changing fast.

• It highlights how products like Shariah-compliant gold contracts and INR Quanto futures are helping people trade safely and smartly.

What Can We Expect Ahead?

As more traders join DGCX, we can expect:

• Even higher trading volumes in gold and currency futures.

• New products to help traders manage different types of risks.

• Dubai to become more powerful in the global financial and commodities market.

Ahmed Bin Sulayem said DGCX will continue to improve its services so that traders, investors, and companies can trade with full confidence and security.

DGCX had a great start to 2025. People traded more than 1 million contracts, with gold and INR Quanto contracts being the most popular. This success shows DGCX is helping traders protect themselves from sudden changes in prices, and it is making Dubai a top place for gold and currency trading in the world.