Dubai's DGCX to launch region’s first Gold Spot T+0 Contract

Dubai Media Office

The Dubai Gold and Commodities Exchange (DGCX) is set to launch a new same-day gold trading contract on Monday, June 22, in a move aimed at making physical gold transactions faster and more efficient.

The Gold Spot T+0 Contract will be the first same-day physically settled spot gold product offered on a regulated exchange in the GCC, placing Dubai among a limited number of global markets providing this functionality.

The new contract allows market participants to trade, clear and settle physical gold on the same day, helping reduce delays and improve price certainty compared with traditional settlement methods.

Based on 1kg UAE Good Delivery gold and settled in UAE dirhams, the contract will be cleared through the Dubai Commodities Clearing Corporation, with physical delivery taking place through approved vault infrastructure.

Ahmed Bin Sulayem, Chairman and Chief Executive Officer of DGCX, said the launch strengthens Dubai's position as a leading global hub for gold trading by providing a faster, more transparent and more efficient way to buy and settle physical gold.

The product has been designed for bullion dealers, refineries, brokers, clearing members and institutional investors, creating a direct link between trading activity and physical delivery while reducing friction associated with legacy settlement cycles.

The launch comes amid strong growth for the exchange. DGCX says trading volumes in 2025 have risen 30 per cent year-on-year to 2,048,556 lots, with the total value of trades reaching nearly $47 billion.

 

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