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 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 DGCX platform in 2005 and has traded more than 5.4 million lots since then.
- Trade your views on the International benchmark Gold prices
- Arbitrage opportunity with the highly correlated gold contract based on Indian and other international benchmark prices.
- Benefit from margin offset provided by DCCC for inter-commodity spreads
- Low cost structure
- USD denominated, Intention matching mechanism for delivery
- Lot size of 32 troy ounces (Approx. 1 KG)
- Tick size of USD 0.10 per troy ounce and tick value of USD 3.2
- Efficient margining for optimal leverage
- 6 contract months (covering approximately a calendar year) available at any given point of time
- Live prices available under marketwatch link on DGCX website
Contract Specifications
| Contract Type | Future |
| Contract Name | Gold |
| Contract Symbol | DG |
| Underlying | 31.99 Troy Ounces (1kg), cast in one bar of 0.995 Fineness, accompanied by original Refiner’s Certificate |
| 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) | FCSP is based on the publicly available reference price displayed on Last Trading Day |
| 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. EFP/EFS also available. Trades must be submitted 15 minutes after execution |
| No Cancellation Range | See link: www.dgcx.ae/price-limits |
Contract Calendar
| Expiry Month | Expiry Code | Last Trading Day | Notice Day | Delivery Day |
|---|---|---|---|---|
| Dec'24 | DG-20241126 | 26-Nov-24 | 27-Nov-24 | 27-Nov-24 |
| Feb'25 | DG-20250129 | 29-Jan-25 | 30-Jan-25 | 30-Jan-25 |
| Apr'25 | DG-20250327 | 27-Mar-25 | 28-Mar-25 | 28-Mar-25 |
| Jun'25 | DG-20250528 | 28-May-25 | 29-May-25 | 29-May-25 |
| Aug'25 | DG-20250729 | 29-Jul-25 | 30-Jul-25 | 30-Jul-25 |
| Oct'25 | DG-20250926 | 26-Sept-25 | 29-Sept-25 | 29-Sept-25 |
| Nov'25 | DG-20251125 | 25-Nov-25 | 26-Nov-25 | 26-Nov-25 |