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Dubai Gold and Commodities Exchange to Launch Region’s First Same-Day Gold Spot Contract

Fri, Jun 19, 2026(45d ago)Business

The Dubai Gold and Commodities Exchange (DGCX) is set to debut its innovative Gold Spot T+0 Contract on June 22, 2026. This landmark launch introduces the first same-day, physically settled spot gold product within a regulated GCC environment, placing Dubai on par with elite global financial hubs. By streamlining exchange execution, central clearing through the Dubai Commodities Clearing Corporation (DCCC), and physical vault delivery into one cohesive framework, the contract offers a modernized, transparent alternative to traditional over-the-counter gold trading.

Designed specifically for bullion dealers, refineries, and institutional investors, this contract facilitates the trading of 1kg UAE Good Delivery gold bars settled in dirhams. This move follows a period of robust growth for the DGCX, which saw traded volumes surge 30% to over 2 million lots in 2025. DGCX CEO Ahmed Bin Sulayem emphasized that the initiative is a strategic effort to enhance the region's market infrastructure, providing traders with superior efficiency and a reliable, regulated benchmark that solidifies Dubai’s status as a premier global nexus for the gold trade.

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