Mubasher: The Dubai Gold and Commodities Exchange (DGCX) witnessed active trading in March, with 1.4 million contracts worth $33.5 billion.
The average daily volumes touched 61,471 contracts in March, with a high of 143,312 on 27 March.
"Perceived global risks ahead of multiple European elections, policy decisions regarding healthcare and environmental bills in the US, and most recently the triggering of Article 50 and thus the formal start of the Brexit process, have led to a jump in trading activity, specifically in DGCX’s G6 currency portfolio," according to the exchange.
The exchange posted a year-on-year rise in British pound by 157%, Japanese yen by 369%, Canadian dollar by 188%, and Swiss franc by 93%.
