Reports suggest that according to DGCX, the Dubai Spot Gold Contract promotes transparent Loco Dubai price discovery and helps physical delivery of 1 kg gold bars on a safe and well regulated, government owned exchange platform.
The coming together of the two entitied is being looked upon to create more improvements for the UAE bullion industry and the gold souk participants, with access to Loco Dubai gold prices on a federally regulated trading platform, as per reports.
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