By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Aug 4 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher on Monday, supported by a widespread shift in market expectations surrounding United States (US) monetary policy, an analyst said.
SPI Asset Management managing director Stephen Innes told Bernama that the price of the precious metal also rose due to declining real yields, as investors sought refuge in safe-haven assets.
At the close, the spot-month August 2025 increased to US$3,376.7 per troy ounce from US$3,310.40 at Friday's close, September 2025 rose to US$3,382.2 per troy ounce from US$3,316.30, while October 2025 improved to US$3,411.3 per troy ounce from US$3,345.40 previously.
November 2025 was higher to US$3,428.7 per troy ounce from US$3,362.80, while December 2025, February 2026 and April 2026 contracts also settled higher at US$3,446.6 per troy ounce, compared with US$3,380.20 previously.
Trading volume edged up to nine lots from seven lots on Friday, while open interest improved to 38 contracts from 29 previously.
Physical gold was priced at US$3,346.85 per troy ounce, based on the London Bullion Market Association’s afternoon fix on Aug 1, 2025.
-- BERNAMA
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