safe haven assets Archives - The Industry Spread

DGCX Sees Gold Futures Trading Surge as Investors Flock to Safe-Haven Assets

July 5, 2019

The Dubai Gold & Commodities Exchange (DGCX) saw a surge in trading on its flagship Gold Futures product last month, as increasing geopolitical tensions across the globe drove investors towards safe-haven assets. The product recorded month-on-month (M-O-M) average daily volume growth (ADV) of 507.4%, and year-on-year ADV growth of 225.5%, while also registering M-O-M Average Open Interest (AOI) growth of 90.7%.

Market Subdued Ahead of FOMC Update & Sino-U.S. Trade Talks

January 31, 2019

As investors await directional cues from US FOMC update and Sino-U.S. trade talks, cautious tone in market has limited upside move but risk appetite seems plenty resulting in major assets taking range bound action with signs of slight positive bias.