Dubai Gold & Commodities Exchange (DGCX), a leading derivatives exchange, has recorded 8.239 million contracts in 2022 with a total value of $162.01 billion during the year, representing growth of 16% and 8.24%, respectively.
DUBAI, 26th January, 2023 (WAM) Dubai Gold and Commodities Exchange (DGCX), the largest and most diversified derivatives exchange in the Middle East, today announced its full-year market statistics for 2022, reporting a total of 8.239 million contracts with a total value of US$162.01 billion during the year, representing growth of 16 percent and 8.24 percent, respectively.
With inflation rising steadily over the course of 2022, investors increasingly turned to gold, with DGCX reporting a 78 percent increase in the volume of gold contracts traded.
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