KUALA LUMPUR, Aug 14 (Bernama) -- Gold futures on Bursa Malaysia Derivatives (BMD) finished lower on Thursday, bucking the trend seen in the US COMEX gold market, despite optimism over a potential US Federal Reserve rate cut and the anticipated United States-Russia talks this week.
At the close, the spot-month August 2025 contract fell to US$3,358.20 per troy ounce from US$3,364.10 at Wednesday's close.
The September 2025 contract dropped to US$3,363.90 per troy ounce from US$3,369.80 yesterday, October 2025 slipped to US$3,393.0 per troy ounce from US$3,399.20, and November 2025 declined to US$3,410.70 per troy ounce from US$3,416.60.
Meanwhile, the December 2025, February 2026 and April 2026 contracts also settled lower at US$3,430.20 per troy ounce compared with US$3,436.10 previously.
Trading volume eased to 20 lots from 21 lots yesterday, while open interest narrowed to 47 contracts from 54 contracts previously.
Physical gold was priced at US$3,364.40 per troy ounce based on the London Bullion Market Association’s afternoon fix on Aug 13.
-- BERNAMA
BERNAMA provides up-to-date authentic and comprehensive news and information which are disseminated via BERNAMA Wires; www.bernama.com; BERNAMA TV on Astro 502, unifi TV 631 and MYTV 121 channels and BERNAMA Radio on FM93.9 (Klang Valley), FM107.5 (Johor Bahru), FM107.9 (Kota Kinabalu) and FM100.9 (Kuching) frequencies.
Follow us on social media :
Facebook : @bernamaofficial, @bernamatv, @bernamaradio
Twitter : @bernama.com, @BernamaTV, @bernamaradio
Instagram : @bernamaofficial, @bernamatvofficial, @bernamaradioofficial
TikTok : @bernamaofficial
