KUALA LUMPUR, Aug 23 (Bernama) -- Gold futures contract on Bursa Malaysia Derivatives closed lower on Friday.
The August 2024 contract fell to US$2,520.00 per troy ounce from US$2,521.30 at yesterday’s close and September 2024 slipped to US$2,523.70 per troy ounce against US$2,525.00 previously.
Meanwhile, the October 2024, November 2024, December 2024, and February 2025 contracts all settled weaker at US$2,526.00 per troy ounce against US$2,527.30 previously.
The volume jumped to 19 lots from three lots yesterday while open interest widened to 58 contracts from 43 contracts previously.
The price of physical gold stood at US$2,483.00 per troy ounce, according to the London Bullion Market Association’s afternoon fix on Aug 22.
-- BERNAMA
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