LATEST NEWS   AXIS REIT targets total acquisition value of RM300 million this year - CEO | The ringgit is likely to trade sideways, with an end-of-year forecast of RM4.45 against the US dollar - AmBank chief economist | BNM will maintain its accommodative stance and keep the OPR steady through at least 1H2025 - AmBank chief economist | Malaysia’s GDP growth is expected to moderate to 4.6 pct in 2025, supported by infrastructure projects, private investment realisations and strong private consumption - AmBank chief economist | The KLIA aerotrain is set to resume in Q2, with no impact on Malaysia's ASEAN chairmanship - MAHB Managing Director | 

Gold Futures End Higher

KUALA LUMPUR, Dec 23 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher today on renewed buying interest. 

Spot month December 2024 increased to US$2,630.60 per troy ounce from US$2,607.00 per troy ounce last Friday, while January 2025 went up to to US$2,643.70 per troy ounce from US$2,620.10 per troy ounce previously.

Meanwhile, contracts for February 2025, March 2025 and April 2025 all settled higher at US$2,653.90 per troy ounce from US$2,630.30 per troy ounce last Friday. 

Trading volume eased to four lots from five lots last Friday, while open interest edged down to 23 contracts from 24 contracts previously.

According to the London Bullion Market Association’s afternoon fix on Dec 20, the price of physical gold stood at US$2,616.45 per troy ounce.

-- BERNAMA