Gold Futures

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 the 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 the 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 TypeFuture
Contract NameGold
Contract SymbolDG
Underlying31.99 Troy Ounces (1kg), cast in one bar of 0.995 Fineness
Contract Size32 Troy Ounces (approx. 1kg)
Notional Contract Value32 x Price
Trading CurrencyUSD
Settlement CurrencyUSD
Price QuoteUS Dollars per Troy Ounce
Tick SizeUS$ 0.10
Tick ValueUS$ 3.20
Settlement BasisCash Settled
Final Cash Settlement Price (FCSP)Based on publicly available reference price
Last Trading Day (LTD)Two Business Days prior to the last Business Day of the contract month
Trading DaysExchange Business Days
Trading Hours07:00 – 23:55 Hours Dubai time
Trading MonthsJanuary, March, May, July, September and November
New Contract ListingBusiness Day immediately following the Last Trading Day
Max Order Size200 Lots
Wholesale TradesBlock Trade minimum size threshold: 50 lots