KUALA LUMPUR, July 24 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives rebounded to close higher, tracking the COMEX gold prices.
At the close, spot month July 2024 contract improved to US$2,413.80 per troy ounce from US$2,406.60 per troy ounce on Tuesday, while August 2024, September 2024, October 2024, December 2024, and February 2025 increased to US$2,427.20 per troy ounce from yesterday’s US$2,420.00 per troy ounce.
Volume fell to nine lots from 22 lots yesterday, while open interest narrowed to 33 contracts from 47 contracts previously.
The price of physical gold was at US$2,403.10 per troy ounce, according to the London Bullion Market Association’s afternoon fix on July 23.
-- BERNAMA
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