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Article: DGCX achieves record 1.143 million contracts.

Article from:
TradeArabia (Manama, Bahrain)
Article date:
November 5, 2009
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Byline: Dubai

Dubai Gold & Commodities Exchange has announced that 1,142,814 contracts, valued at $58 billion, have been traded in 2009 as at November 2, against the total volume of 1,142,293 contracts in 2008.

The exchange also recorded a total volume of 137,994 contracts in October, representing a year-on-year increase of 159 per cent. Valued at $7.2 billion, trading activity in October was supported by growth in all product segments; precious metals, energy and currencies.

Gold futures volume for October was 64,613 contracts, up 84 per cent compared with the same period last year. Silver futures increased to 4,081 contracts in October, up ...

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