Dubai introduces instant gold trading
The Dubai Gold and Commodities Exchange launched an on-the-spot T+0 gold contract aimed at meeting the demand for safe-haven assets, speeding up settlement processes, and increasing liquidity in the emirate’s gold market. This contract allows participants to settle their positions immediately and reflects the global markets' trend toward modernizing settlement systems and reducing counterparty risk, especially amid the rising volume of gold trading worldwide and the continued status of the metal as a safe investment refuge.
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