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MENAFN - Khaleej Times - 10/10/2012

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(MENAFN - Khaleej Times) Dubai Gold and Commodities Exchange, or DGCX, registered its highest ever monthly volumes in September, reaching 971,675 contracts, a 100 per cent increase from the same month last year.

The exchange's total monthly volume was valued at 38.08 billion, the highest ever monthly trading value it has ever recorded. DGCX ended the Q3 of the year with volumes of 6,724,161 contracts, a significant rise of 143 per cent from last year. DGCX's currency segment rose 105per cent year-on-year to end the month on 901,712 contracts. One of the key performers of the month was Euro futures, which recorded a massive year-on-year jump of 415 per cent, aggregating 38,851 contracts " the highest monthly volumes the contract has achieved this year. Indian Rupee Futures maintained its high-growth trend this year, rising 101per cent year-on-year to reach 859,739 contracts in September.

Among precious metal futures, Gold continued its robust performance in September, rising 46 per cent from last year to aggregate 58,897 contracts. Silver futures grew 133 per cent from last month, while copper increased by eight per cent to reach 1,781 and 7,852 contracts respectively.

 






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