China is known as the one of the biggest gold producing and consuming countries in the world. It is also one of the top two importers of gold globally. Traditionally, China has been deficient in gold investments at both the sovereign and investor level. Gold consumption in China has risen significantly with consistent purchases by the Government of China. The government has also encouraged the Chinese public to invest in gold and use it as an instrument for their savings.

Dubai has historically been a central hub for gold trading in the MENA region. The China Belt and Road initiative also passes through the region and holds strategic value for both China and the UAE. A large part of the trading community in the Americas, Europe and Asia are keen to participate in Chinese physical and derivative markets. At the same time the Chinese government wants to increase the acceptance of Chinese Yuan and the Chinese Gold price benchmark prices globally. The launch of the DGCX Shanghai Gold Futures Contract provides all stakeholders including the government in China, UAE and Dubai, market participants, SGE and DGCX a suitable opportunity to progress together on the chosen path with one singular goal.

• Tracks and prices the largest Gold market in the world by production and consumption
• Settlement based on the Chinese Gold benchmark Price as declared by the Shanghai Gold Exchange (SGE)
• Traded and Cash settled in Chinese Yuan (CNH)
• Zero Capital Gains Tax and Zero Corporate Tax
• Contract size of 1000 grams (1kg); Tick Value of CNH 10
• Efficient margining for optimal leverage
• Trade your view on the Chinese Gold market
• Trade the spread between Shanghai Gold and correlated Gold products listed on DGCX
• The margin offsets by DCCC for inter-commodity spreads offers greater capital efficiency