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MARKET • 23/12/2024 08:28 PM

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

 

 

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