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MARKET • 03/06/2025 08:12 PM

Gold Futures Ends Higher Amid Weaker US Dollar

KUALA LUMPUR, June 3 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher on Tuesday amidst a weaker United States (US) dollar.

The new spot-month June 2025 contract rose to US$3,372.90 per troy ounce from US$3,312.20 per troy ounce last Friday, while the July 2025 contract increased to US$3,386.60 per troy ounce from US$3,325.90 per troy ounce previously.   

The August, September and October 2025 contracts climbed to US$3,397.80 per troy ounce from US$3,325.90 per troy ounce at the end of last week.  

Trading volume dropped to 32 lots from 91 lots on Friday, while open interest shrank to 55 contracts from 139 contracts previously.

Physical gold was priced at US$3,370.85 per troy ounce, according to the London Bullion Market Association’s afternoon fix on June 2.  

-- BERNAMA

 

 

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