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Friday, November 13 - 2009

DGCX opens with gold contracts

  • United Arab Emirates: Wednesday, October 19 - 2005 at 07:05

The Dubai Gold and Commodities Exchange opens in November and expects to be trading several thousand gold futures contracts a day by the end of 2006, according to chairman David Rutledge quoted in Gulf News. The exchange will trade silver futures from Q1 2006, followed by gold and silver options, steel, freight, cotton, and fuel oil futures.

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