Spot Prices:
(USD)
Financial Contract
Symbol XAUUSD
Contract Size 1 troy ounce
Daily Price Movement Limit No limit
Positions Every open position must be closed with the opposite transaction.
Minimum Contract Size 1 ounce
Settlement In USD only
Price Quote USD per ounce
Trading Days Monday to Friday
Trading Hours 1am to 12pm UAE Time (GMT+4)
Automatic Rollover On any given trading day, all open positions will be marked to market and automatically carried forward into the next trading session. For all carried forward positions a rollover fee may apply.
Required Initial Margin 3.50%
Margin Call Margin call may be initiated when the margin falls below 2%
Charges and Commissions All charges are included in the price unless declared otherwise.
Rollover Fee Up to 0.03 USD per ounce.
Physical Contract
Symbol XAUUSD
Contract Size 1 troy ounce
Quality Specification 995 finesses
Daily Price Movement Limit No limit
Delivery Brand Gulf Gold Refinery FZE, Sharjah, U.A.E.
Positions and Settlement Every open position will be immediately closed (settled) with physical delivery, no position remains open.
Minimum Delivery Size 1oz (troy ounce) 999.9 purity
Price Quote USD per ounce
Trading Days Monday to Friday
Trading Hours 1am to 12pm UAE Time (GMT+4)
Automatic Rollover Not applicable, no open position possible.
Required Initial Margin 100%
Margin Call Not applicable
Physical Gold Clearing Center Gulf Gold Refinery FZE, Sharjah, U.A.E.
Eligible Gold Bar Brands Any brand, fulfilling Responsible Gold Sourcing Rules of DMCC
Eligible Gold Deposit Form Dore, scrap, bars, nuggets in any form and size
Refining Charges for Unrefined Gold Up to 60 USD per gross kg based on the form and purity.
Conversion Charges for other than GGR Brand Up to 30 USD per gross kg
Deliverable Bar Sizes Any standard size (1kg 995, 400oz, 1kg 999.9, TT Bars, custom made bars). Charges for other than 1kg 995 bars may apply.
Delivery Place Gulf Gold Refinery FZE, Sharjah, U.A.E. Free delivery provided within Dubai, Sharjah. World wide delivery by BRINKS, Transguard available for additional charge. T/C apply.
Trading Charges All charges are included in the price unless declared otherwise.
Storage Fees Unallocated gold – no charge. Allocated Gold – up to 50 AED per kg per month.
Trading Days

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