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Gold Futures Close Higher, Tracking Comex

12/08/2024 07:53 PM

KUALA LUMPUR, Aug 12 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended higher today, tracking the stronger performance of COMEX gold futures.

At the end of trading, August 2024 rose to US$2,452.50 per troy ounce from US$2,427.40 per troy ounce at Friday’s close.

Meanwhile, September 2024, October 2024, November 2024, December 2024, and February 2025 all settled higher at US$2,456.20 per troy ounce against US$2,431.10 per troy ounce previously.

However, volume edged down to 7 lots from 26 lots last Friday, while open interest eased to 19 contracts from 56 contracts previously.

The price of physical gold stood at US$2,427.35 per troy ounce, according to the London Bullion Market Association’s afternoon fix on August 9.

-- BERNAMA

 

 


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