New gold contract will launch December 14 after months of development
The Dubai Gold and Commodities Exchange
(DGCX) plans to make its new spot gold contract the industry
benchmark for gold pricing, according to the chief executive of
DGCX has been working on the new contract
for most of 2015, with the launch now set for December 14, said
CEO Gaurang Desai.
"We want the new contract to serve as a
strong market benchmark for transparent gold pricing for all
market participants," Desai told FOW.
This article is available exclusively to subscribers
Please log in to continue reading.
Not yet a subscriber?
Click here to take a free trial.
Already have an account? |
Please fill in your details below and a customer service representative will contact you.