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Diamond and Gold Trade Exempted from VAT as Demand Halves

The UAE Cabinet has adopted a law to introduce the VAT Reversed Charge mechanism for investors in gold, diamond and precious metals, meaning that...

DGCX H1 volumes climb 52%, aggregate contracts US $69.1 billion

First half (H1) Volumes on the Exchange Climb 52% to Aggregate 1,417,223 Contracts valued at US $69.1 Billion Exchange also Records Highest Ever Monthly...

DGCX February volumes rise 17 % year-on-year to reach 210,330 contracts

February volumes on the Dubai Gold and Commodities Exchange (DGCX) grew 17 % year-on-year to reach 210,330 contracts, valued at $10.07 billion. Year-to-date volume...

Currency futures drive 9% growth in DGCX April volume

The Dubai Gold '&' Commodities Exchange today announced that 107,641 contracts were recorded in April, a 9% increase on the same period last year...

Dubai and China explore opportunities to increase cooperation in gold trade

1. DMCC participates in high-level gold conference in Guangzhou 2. Chinese gold consumption rises eight per cent in 2008 In line with increasingly strong trade ties...