By Zufazlin Baharuddin
KUALA LUMPUR, Feb 25 (Bernama) -- Gold futures on Bursa Malaysia Derivatives finished higher on Wednesday as US tariff uncertainty continues.
SPI Asset Management managing partner Stephen Innes told Bernama the safe-haven commodity is still trading firmer amid lingering uncertainty surrounding the tariff issue in the wake of the US Supreme Court’s ruling.
US President Donald Trump’s new global tariffs have taken effect at 10 per cent, lower than the rate previously pledged.
According to media report, citing a White House official, the Trump administration is working to increase that levy to 15 per cent.
At the close, the spot-month February 2026 contract increased to US$5,190.30 per troy ounce from US$5,176.00 yesterday.
March rose to US$5,209.30 per troy ounce from US$5,174.80 on Tuesday, while both April and May improved to US$5,227.50 per troy ounce from US$5,210.80.
The June and August 2026 contracts also settled higher at US$5,261.40 per troy ounce, up from US$5,244.70 previously.
Trading volume increased to 19 lots from 15 lots on Tuesday, while open interest rose to 101 contracts from 98 contracts previously.
Physical gold was fixed at US$5,120.25 per troy ounce at the London Bullion Market Association afternoon fix on Feb 24, 2026.
-- BERNAMA
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