Metals

Gold is one of the oldest and well-known products used for investment in the history of human existence. The investments in gold have traditionally been to hedge against inflation. For majority of the diversified investment funds, gold is a must have product in the portfolio.

Copper is a malleable, ductile, metallic element having a characteristic reddish-brown color: used in large quantities as an electrical conductor and in the manufacture of alloys, as brass and bronze. Copper is found as a pure metal in nature, and this was the source of the first metal to be used by humans, ca. 8,000 BC; it was the first metal to be smelted from its ore, ca. 5,000 BC; it was the first metal to be cast into a shape in a mold, ca. 4,000 BC; and it was the first metal to be purposefully alloyed with another metal, tin, to create bronze, ca. 3,500 BC

Copper contract on DGCX platform offers international benchmark pricing contract for investors, speculators, hedgers and arbitragers.

  • Trade your views on the International benchmark Copper futures prices
  • Arbitrage opportunity with the highly correlated Copper forwards and futures benchmark prices.
  • Low cost structure.
  • USD denominated, Intention matching mechanism for delivery
  • Lot size of 5 MT
  • Tick size of USD 1 per MT and tick value of USD 5
  • Efficient margining for optimal leverage
  • 5 contract months (covering approximately a calendar year) available at any given point of time
  • Live prices available under marketwatch link on DGCX website

Gold is one of the oldest and well-known products used for investment in the history of human existence. The investments in gold have traditionally been to hedge against inflation. For majority of the diversified investment funds, gold is a must have product in the portfolio.

DGCX Gold futures contract provides the international benchmark pricing Gold contract for investors, speculators, hedgers and arbitragers. Gold futures contract was the first contract launched on DGCX platform in 2005 and has traded more than 5.4 million lots since then.

  • Trade your views on the International benchmark Gold prices
  • Arbitrage opportunity with the highly correlated gold contract based on Indian and other international benchmark prices.
  • Benefit from margin offset provided by DCCC for inter-commodity spreads
  • Low cost structure
  • Lot size of 5 MT
  • USD denominated, Intention matching mechanism for delivery
  • Lot size of 32 troy ounces (Approx. 1 KG)
  • 5 Tick size of USD 0.10 per troy ounce and tick value of USD 3.2
  • Efficient margining for optimal leverage
  • 6 contract months (covering approximately a calendar year) available at any given point of time
  • Live prices available under marketwatch link on DGCX website

Indian household are known to use a big part of their savings in buying Gold and Silver. This is primarily due to easy and historic understanding of physical bullion and lack of awareness and understanding of other key asset classes like equity, fixed income etc. In recent years silver consumption in India has significantly increased with a push on solar energy and household buying.

DGCX India Silver Quanto Futures contract will trade before start and after closure of Indian market hours, which will provide a unique opportunity for traders to discover price and trade in the Silver contract on basis of the information available to them for all international and national event.

  • Easily trade your views on the Indian Silver market
  • Arbitrage opportunity with highly correlated DGCX Silver contract based on global prices.
  • Benefit from Margin offset provided by DCCC for inter-commodity spreads.
  • Low cost structure
  • USD denominated, cash settled futures contract
  • Tick value of USD 1
  • Extends beyond trading hours of reference market
  • Efficient margining for optimal leverage
  • No Indian Rupee foreign exchange rate risk

India is well known as the biggest Gold importing country in the world. Love for Gold in India goes back millenniums and Indian households are estimated to be holding 22.000 MT of Gold. India has a well-developed gold cash market. The India Gold Quanto futures contract on DGCX platform provides a price discovery and trading avenue for the industry participants for Gold traded in India.

DGCX trades before start and after closure of Indian market hours, which will provide a unique opportunity for traders to discover price and trade in the contract on basis of the information available to them for all international and national events.

  • Trade your views on the Indian Gold Market
  • Arbitrage opportunity with the highly correlated gold contract based on global prices.
  • Benefit from margin offset provided by DCCC for inter-commodity spreads
  • Low cost structure
  • USD denominated, cash settled
  • Tax Free – No transaction Tax, Zero Capital gains Tax
  • Tick size of USD 1
  • Extends beyond trading hours of reference market
  • Efficient margining for optimal leverage
  • No INR exchange rate risk

Dubai is known as the city of gold. Some of the traditional issues for the Gold market here in Dubai are price discovery and basis risk management. The introduction of a spot gold contract on DGCX will create significant value to the physical market participants, enabling them to manage their risk appetite and facilitate a combination of strategies that can be deployed on both futures and spot platform to provide the desired yield.

One of the key benefits the DGCX Spot Gold Contract provides for the bullion trading industry is facilitating netting benefits on a single platform. Participants across the spectrum have better counterparty risk management tools and this provides a platform to gold investors to derive another revenue stream for their investments. Once launched and established, the DGCX spot Gold contract will attract participants from overseas and locally due to availability of a regionally relevant price benchmark.

  • Contract size of 32 troy ounces in line with industry standards.
  • USD denominated, regulated Gold spot contract on an established platform
  • Tick size of USD 0.10 per Troy Ounce
  • Option to take delivery or roll-over to the next day
  • Robust risk management controls including delivery limits and Span based margining
  • Participate in gold trade in one of the largest bullion trading hubs in the world
  • Transparent price discovery in gold in Dubai
  • Take out the basis risk from gold trading in Dubai
  • Accept reputable gold brands for delivery
  • Available on robust trading and clearing platform subscribing to global best practices and standards
  • Physical traders get automatically netted off against their physical exposure on DGCX

Silver is usually termed as poor man’s Gold. A soft, white, lustrous transition metal, it possesses the highest electrical conductivity, thermal conductivity, and reflectivity of any metal. The metal occurs naturally in its pure, free form (native silver) and as an alloy with gold and other metals. Most silver is produced as a byproduct of copper, gold, lead, and zinc refining. Silver has been used for thousands of years for ornaments and utensils, trade, and as the basis for many monetary systems. Its value as a precious metal was long considered second only to gold.

Silver futures contract was the second contract launched on DGCX platform and offers international benchmark pricing contract for investors, speculators, hedgers and arbitragers.

  • Trade your views on the International benchmark Silver prices
  • Arbitrage opportunity with the highly correlated Silver contract based on Indian and other international benchmark prices.
  • Benefit from margin offset provided by DCCC for inter-commodity spreads
  • Low cost structure
  • USD denominated, Intention matching mechanism for delivery
  • Lot size of 1,000 troy ounces (Approx. 31 KG)
  • Tick size of USD 0.005 per troy ounce and tick value of USD 5
  • Efficient margining for optimal leverage
  • 5 contract months (covering approximately a calendar year) available at any given point of time
  • Live prices available under marketwatch link on DGCX website