Volumes on the Dubai Gold and Commodities Exchange (DGCX) grew by 33 percent in January compared to the previous month, despite the challenging global environment, the DGCX revealed on Monday.
Gold and currency futures were the key drivers of volume growth, helping to boost the total number of contracts to 38,366 in January 2009 compared with 28,772 contracts in December 2008.
DGCX’s chief marketing officer, Nishat Bandali, said that the exchange’s strategy of “offering a diversified product portfolio has paid off”.
