Gold futures sustained their solid growth in 2011 to rise 39% year-on-year, reaching 60,638 contracts
DGCX volumes in May registered a 70% year-on-year increase to reach 237,920 contracts valued at US $ 11.76 billion, the highest monthly value ever recorded on the Exchange. Precious metals and Indian Rupee futures were the standout performers of the month.
Year-to-date volumes on the Exchange climbed 55% to total 1,148,833 contracts while year-to-date average daily volumes also rose 53% to touch 10,941 contracts.
Gold futures sustained their solid growth in 2011 to rise 39% year-on-year, reaching 60,638 contracts. Silver futures grew 46% to touch 7,937 contracts.
Currency futures accounted for almost 70% of the month’s volumes. Year-to-date currency volumes increased 72% to reach 874,609 contracts. Indian Rupee Futures sustained its high-growth trend expanding by 1,413% over the same period last year.
Volumes for DGCX Euro/Dollar and Yen/Dollar futures increased 3% and 56% on last month to reach 14,508 and 1,947 contracts respectively, while Sterling/Dollar declined 44% month-on-month to reach 6,006 contracts. Australian Dollar, Canadian Dollar and Swiss Franc grew 35%, 277% and 131% from April to aggregate volumes of 4,951, 1,223 and 5,525 contracts respectively.
Meanwhile, WTI crude futures grew 36% from last month to reach 4,190 contracts.