KUALA LUMPUR, Aug 20 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower today, weighed down by a stronger US dollar and improved risk appetite, as recent geopolitical tensions began to ease.
Investors are also awaiting the United States Federal Open Market Committee (FOMC) meeting minutes tonight, as well as the Federal Reserve’s Jackson Hole symposium on Friday for potential signals on monetary policy.
At the close, the spot-month August 2025 contract fell to US$3,324.90 per troy ounce from US$3,337.40 on Tuesday.
The September 2025 contract decreased to US$3,330.30 per troy ounce from US$3,342.80 yesterday, October 2025 inched down to US$3,359.80 per troy ounce from US$3,372.20 previously, and November 2025 slipped to US$3,376.60 per troy ounce from US$3,3890.
Meanwhile, the December 2025, February 2026 and April 2026 contracts all settled lower at US$3,396.30 per troy ounce compared with US$3,408.60 on Tuesday.
Trading volume grew to 15 lots from three lots on Tuesday, while open interest climbed to 51 contracts from 38 contracts previously.
Physical gold was priced at US$3,334.45 per troy ounce based on the London Bullion Market Association’s afternoon fix on Aug 19.
-- BERNAMA
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