Gold Futures End Lower
KUALA LUMPUR, Jan 6 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended lower today on weaker demand as traders remained on the sidelines ahead of this week's important US economic data, including the nonfarm payrolls (NFP) report on Friday.
The spot month January 2025 contract fell to US$2,644.40 per troy ounce compared with US$2,667.80 on Friday and February 2025 slipped to US$2,655.50 compared with US$2,678.90.
The March 2025, April 2025, and June 2025 notes all settled higher at US$2,664.30 per troy ounce from US$2,687.30 previously.
Trading volume declined to seven lots from 29 lots on Friday, while open interest narrowed to 30 contracts from 44 contracts previously.
According to the London Bullion Market Association’s afternoon fix on Jan 3, the price of physical gold stood at US$2,646.80 per troy ounce.
-- BERNAMA