Global gold markets continue to see strong investment demand, particularly from North America, while the precious metal strengthens its position as a key international monetary asset and a safe-haven hedge against risks.
According to a report issued by the Dubai Gold & Commodities Exchange—the Middle East’s largest digital trading platform—the number of contracts traded by the end of June surpassed one million, marking a 30% year-on-year increase in average daily trading volumes.
The report also noted that the value of spot gold contract trades soared by nearly 200% compared to the first half of 2024.
Among the exchange’s products, the Shariah-compliant Gold Spot Contract (DGSG) emerged as a top performer, with traded value climbing to $46.8 million in the first half of 2025, up from $15.6 million during the same period in 2024.
“We have seen exceptional momentum in the first half of the year, with nearly USD 47 million traded through our spot gold contract alone—a 200% year-on-year increase—and a 30% rise in daily volumes across the exchange, driven by strong demand for DGSG and INR Quanto futures,” said Ahmed Bin Sulayem, Chairman and CEO of DGCX.
“This performance not only puts DGCX firmly on track to surpass its 2024 results but also reinforces its role as a critical pillar in the region’s financial infrastructure. As global markets grow increasingly complex, the continued adoption of our platform by Shariah-compliant investors, bullion traders, and institutional participants underscores the rising demand for sophisticated, secure, and transparent hedging tools,” he added.
These figures highlight Dubai’s expanding role as a key global gold trading hub. In a previous report, the Dubai Multi Commodities Centre (DMCC) revealed significant growth in gold flows through the emirate, stating that $129 billion worth of gold passed through Dubai in 2024—a 36% increase from the previous year.
The gold and precious metals sector remains a cornerstone of DMCC’s ecosystem, with more than 1,500 companies operating in the industry. DGCX plays an essential role in providing the physical and financial trading infrastructure that supports Dubai’s position as one of the world’s largest gold trading centers.
Although elevated prices have recently prompted some investors to scale back their activity, analysts expect strong demand for gold to persist throughout 2025, particularly from Asian markets. Experts note that Chinese investors, in particular, have limited options for protecting their capital, making gold the most reliable asset to preserve value amid an uncertain economic environment.
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