The Dubai Gold and Commodities Exchange (DGCX) on Monday reported that its trading volumes in the first half of 2011 hit an all-time high of 1,417,223 contracts, valued at $69.1 billion, a 52 per cent increase over the same period last year.
June witnessed the highest ever monthly volume of 268,390 contracts, valued at $12.96 billion, an increase of 40 per cent over last year.
June volumes were driven largely by a surge in currency trading. During the first six months of the year currency volumes rose 80 per cent to 1,105,673 contracts while June currency volumes grew 119 per cent to 231,064 contracts.
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