Trading on the Dubai Gold and Commodities Exchange (DGCX) surged to a new daily volume high of 21,980 contracts, valued at $1.033 billion on July 27.

The new record surpasses the previous best of 20,112 contracts set on July 21.

Trading activity on DGCX's Indian Rupee/US Dollar futures also continues to grow rapidly, with a new daily volume record of 19,596 contracts achieved on July 27, with a value of US $886.4 million. The previous record was on June 23 with 15,509 contracts.

DGCX also reached its highest ever daily total open interest of 23,489 on the same day, the exchange said. – TradeArabia News Service