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Gold Futures Close Higher

05/09/2024 08:10 PM

KUALA LUMPUR, Sept 5 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives finished higher today, tracking the strong performance of the US COMEX gold market as the US dollar and US Treasury yields slipped.

The September 2024 contract rose to US$2,535.20 per troy ounce from US$2,493.50 per troy ounce yesterday.  

The October 2024, November 2024, December 2024, February 2025, and April 2025 contracts all settled higher at US$2,537.50 per troy ounce compared to US$2,495.80 per troy ounce previously.  

The volume declined to seven lots from 30 lots on Wednesday, while open interest fell to 50 contracts from 62 contracts previously.

The price of physical gold stood at US$2,487.95 per troy ounce, according to the London Bullion Market Association’s afternoon fix on Sept 4.

-- BERNAMA

 

 


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