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Gold Futures End Lower As Stronger Greenback Weighs On Market

KUALA LUMPUR, March 10 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower on Monday, reflecting losses in the US COMEX gold market due to a stronger greenback amid concerns regarding Donald Trump’s trade policies.

The spot-month March 2025 contract declined to US$2,917.70 per troy ounce from US$2,928.60 per troy ounce on Friday and April 2025 slid to US$2,927.50 per troy ounce from US$2,938 per troy ounce previously.  

The May 2025, June 2025, and August 2025 notes all declined to US$2,936.70 per troy ounce from US$2,946.80 per troy ounce on Friday.  

Trading volume rose to 141 lots from 83 lots, while open interest advanced to 201 contracts from 144 contracts. 

According to the London Bullion Market Association’s afternoon fix on March 7, physical gold was priced at US$2931.15 per troy ounce. 

-- BERNAMA