Gold Spot

Gold Spot

Contract Parameters
Symbol DGSG
Contract Size 32 troy ounces. (1 kg)
Quality Specification 0.995 purity, as per Dubai Gold Delivery Standard
Price Quote US$ per troy ounce
Tick Size US$ 0.10 (US $ 3.2 per contract)
Daily Price Movement Limit No Price Limit
Max Order Size 200 lots
Trading Days Monday to Friday
Trading Hours 07:00 - 20:00 Hours UAE time (GMT+4)
Automatic Rollover Mechanism On any given trading day, unless a notice of delivery intent has been recieved by DCCC prior to 20:15 Hours UAE time, all open positions will be marked to market and automatically carried forward into the next trading session. For all carried forward positions a rollover fee will be applied.
Initial Margin based on SPAN $ 1,400 per contract
Delivery Notice Before 20:15 Hours UAE time (GMT+4) on trading day.
Delivery Margin 5 times the Initial Margin, subject to change.