黄金, a symbol of wealth and security for centuries, continues to hold an unshakable allure in the global financial market. It is seen as a safe investment for its tangible store of value, making Gold Futures trading one of the most active futures contract in the world.
At the heart of this fascination lies the Dubai Gold and Commodities Exchange (DGCX), a thriving hub for gold futures trading. In the dynamic city of Dubai, DGCX Gold Futures take center stage as a vital component of the region’s bustling gold market.
In this article, we delve into the world of DGCX Gold Futures, exploring all we need to know about Gold Futures from the DGCX.
To learn more about Gold Futures, click on these articles to find out more:
Trading Gold Futures from Dubai Gold and Commodity Exchange
Traders can access gold futures from DGCX Dubai through Orient Futures International Singapore. DGCX products offers two gold futures contracts: Gold Futures and India Gold Quanto Futures.
Gold Futures serve as an international benchmark for gold futures prices, while India Gold Quanto Futures provide gold futures prices for gold traded in India.
Dubai Gold and Commodities Exchange DGCX Gold Futures Contract Specifications
以 DGCX Exchange Gold Futures Contract has the following specifications:
The Futures Contract has a tick size of USD $0.10 per contract.
Contract months are Jan, Mar, May, Jul, Sep, Nov.
The last trading day of the contract month is two business day prior to the last Business Day of the contract month.
DGCX Trading hours are every exchange business day, at these trading hours:
7:00pm – 11:55pm (Dubai Time)
DGCX Gold Futures symbol: DG
DGCX India Gold Quanto Futures Contract Specifications
以 DGCX India Gold Quanto Futures Contract has the following specifications:
The Futures Contract has a tick size of USD $1 per contract.
Contract months are Feb, Apr, Jun, Aug, Oct and Dec.
The last trading day of the contract month is seven business days prior to the 5th calendar day of the expiry month.
DGCX Trading hours are every exchange business day, at these trading hours:
7:00pm – 11:55pm (Dubai Time)
7:00am – 10:00pm (Daylight Saving Time, LTD)
DGCX India Gold Quanto Futures symbol: DIG
Trading Other Gold Futures
Being a popular commodity, Orient Futures Singapore also offer other gold futures and options from different exchanges. This includes the following Gold Futures Contracts:
新加坡亚太交易所(APEX)
- Gold Perpetual Futures Contract
New York Mercantile Exchange – Comex Division (COMEX)
- 黄金期货与期权
- Gold TAS Futures
- E-mini Gold Futures
- Micro Gold Futures
Osaka Exchange Incorporated (JPX)
- Gold Mini Futures
- Gold Standard Futures
泰国期货交易所(TFEX)
- 10 Baht Gold Futures
- 50 Baht Gold Futures
- Gold Online Futures
Gold Market News
Gold Price Today
According to Orient Research Weekly Data Report on Precious Metals dated 08102023, London gold market price experienced a 0.8% decline, settling at $1,833 per ounce.
During the same period, the 10-year US Treasury yield increased to 4.8%, and inflation expectations rose to 2.32%, with real interest rates reached 2.48%. The US dollar index declined by 0.12% to 106, and the S&P 500 index saw a 0.48% increase, with the offshore yuan decreased by 0.18%, and the Shanghai gold premium made a significant resurgence.
Trading Economics reported that gold prices rose to around USD $1,850 an ounce on 9th October 2023.
Future of Gold Prices
Trading Economics expects Gold to trade at USD $1,853.05 per ounce by the end of this quarter, and USD $1916.63 in 12 months’ time.
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