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MARKET • 18/12/2024 07:59 PM

Gold Futures End Higher In Sync With US COMEX Trend

KUALA LUMPUR, Dec 18 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher today, mirroring the positive performance of US COMEX gold futures.

The spot month December 2024 contract climbed to US$2,650.60 per troy ounce from US$2,643.30 per troy ounce on Tuesday, while January 2025 rose to US$2,663.70 per troy ounce from US$2,656.40.00 per troy ounce previously.

Meanwhile, contracts for February 2025, March 2025 and April 2025 all settled higher at US$2,673.90 per troy ounce from US$2,666.60 yesterday.

Trading volume fell to six lots from 26 lots on Tuesday, while open interest eased to 21 contracts from 39 contracts previously.

According to the London Bullion Market Association’s afternoon fix on Dec 17, the price of physical gold stood at US$2,636.35 per troy ounce.

-- BERNAMA

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