The Dubai Gold and Commodities Exchange (DGCX) is launching its same-day (T+0) spot gold contract today, which is available for trading starting today. The T+0 spot gold contract is based on 1 kilogram of UAE good delivery gold and is settled in UAE dirhams. All transactions are cleared by Dubai Commodities Clearing Corporation (DCCC), with physical delivery executed through a network of approved vaults.The new contract allows participants to execute, clear, and settle physical gold transactions on the same day, reducing operational complexities and improving capital utilization. The contract is specifically targeted at bullion traders, refineries, brokers, clearing members, and market participants.