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DGCX sets new record worth $25.20m
- United Arab Emirates: Thursday, October 09 - 2008 at 11:52
Dubai Gold and Commodities Exchange (DGCX) announced the successful completion of its largest-ever physical settlement of gold and steel rebar futures contracts, valued at $25.20m, by the Dubai Commodities Clearing Corporation (DCCC). The settlement involved the physical delivery of 908kgs of gold and 40 metric tonnes of steel rebar for October 2008. The transaction saw participation by prominent banks and industry players of the physical market.
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Jeff Florian, Senior ReporterThursday, October 09 - 2008 at 11:52 UAE local time (GMT+4)
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