KUALA LUMPUR, Oct 21 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended higher today, following gains in the US COMEX gold market, according to a dealer.
He noted that the US COMEX gold reached a new record high, driven by escalating tensions in the Middle East.
Spot month October 2024 rose to US$2,741.40 per troy ounce from US$2,718.00 per troy ounce last Friday, while November 2024 jumped to US$2,756.40 per troy ounce from US$2,733.00 per troy ounce previously.
Meanwhile, the December 2024, January 2025 and February 2025 contracts all settled higher at US$2,764.50 per troy ounce compared with US$2,741.10 per troy ounce previously.
Trading volume fell to 14 lots from 22 lots on Friday, while open interest narrowed to 38 contracts from 40 contracts previously.
According to the London Bullion Market Association’s afternoon fix on Oct 18, the price of physical gold stood at US$2,712.50 per troy ounce.
-- 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
