Metals have historically been an investor’s favorite. The market for metals is highly liquid and is often influenced by a variety of factors, including political and economic events. During times of uncertainty, precious metals have been proven to be the safer alternative for investors as they are more resilient to the effects of economic pressures and downturns. Both gold and silver can offer interesting trading opportunities depending on the choice of the pair.
A precious metals futures contract is a binding agreement for delivery of gold or silver in the future at an agreed-upon price. The contracts are standardized by a futures exchange as to quantity, quality, time and place of delivery. Only the price is variable.
Gold Futures is a hedging tool for commercial producers and users of gold. In addition we offer ongoing trading opportunities, since gold price responds quickly to political and economic events. It serves as an alternative to investing in gold bullion, coins etc.
Gold futures contract was the first contract launched on DGCX platform in 2005 and has traded more than 5.4 million lots since then. DGCX offers to trade these 7 futures contracts with exceptionally low Initial Margin Requirements and cleared within Dubai Commodity Clearing Corporation (DCCC).
|Contract Name||Contract Code||Currency||Initial Margin|
|India Gold “Quanto”||DIG||USD||1050|
|DGCX Shanghai Gold Futures||DSGC||CNH||9500|
|India Silver “Quanto”||DIS||USD||2100|