🎉SGX Launching Gold and Silver Leveraged DLCs on June 23rd
DLCs have expanded beyond indices and single equities to include select ETFs.
SGX recently rolled out DLCs with Gold and Silver ETFs as its underlying, allowing investors to capitalize on increased price volatility through leveraged and inverse positions. $Gold - main 2608(GCmain)$ $Silver - main 2607(SImain)$ $SPDR Gold ETF(GLD)$ $iShares Silver Trust(SLV)$
Beyond sustained interest in DLCs with Hong Kong underlyings, there has also been notable growth in U.S.-linked DLCs, particularly in names such as $Micron Technology(MU)$ , $Advanced Micro Devices(AMD)$ , and $NVIDIA(NVDA)$ . Importantly, retail participation has increased, reflecting a growing appetite for leveraged strategies as investors seek more dynamic ways to express their market views.
Key pointers on the precious metals:
Gold has experienced a gradual re-rating over the years, supported by several key tailwinds: (1) Sustained central bank accumulation, (2) Its role as a beneficiary of de-dollarisation trends and rising U.S. fiscal deficits, and (3) Increased demand amid heightened geopolitical tensions and a persistent inflationary environment.
Similarly, Silver has benefited from a spillover effect driven by this macroeconomic backdrop. In addition to its function as a safe-haven asset and strong demand from electric vehicles and clean energy applications, the Silver Institute reported that the metal has been in a structural supply deficit over the past decade.
DLCs on Gold and Silver below allows investors to capitalize on price volatility on both the upside and downside based on the mentioned backdrop:
|
DLC Trading Name |
Underlying Stock Name |
Leverage Factor |
Trading Currency |
Issuer |
Listing Date |
|
$SPDR GOLD TRT(02840.HK) |
5 |
SGD |
UBS |
12-Jun-26 |
|
|
SPDR Gold Trust (GLD.P) |
5 |
SGD |
SocGen |
23-Jun-26 |
|
|
SPDR Gold Trust (GLD.P) |
-5 |
SGD |
SocGen |
23-Jun-26 |
|
|
iShares Silver Trust (SLV.P) |
3 |
SGD |
SocGen |
23-Jun-26 |
|
|
iShares Silver Trust (SLV.P) |
-3 |
SGD |
SocGen |
23-Jun-26 |
You may find more information on DLCs here: https://www.sgx.com/campaign/dlc.
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