Wednesday 06, June 2012 by Robin Amlôt

DGCX reports third consecutive monthly volume record

Dubai Gold and Commodities Exchange (DGCX) announced record-breaking trading volumes for a third consecutive month in May 2012 on the back of major upswings in Gold and Rupee Futures trading. The total trading volume for May hit 853,191 contracts, up 259 per cent from the 237,920 recorded in May last year. May 2012 also witnessed the highest ever monthly total value, amounting to $32.67 billion.

Features & Analyses

Economics IMF updates on Iraq economy

Recent macroeconomic developments have been broadly positive in Iraq. Economic growth in Iraq reached 8.4 per cent in 2012 and… read more