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MARKET • 05/06/2025 08:43 PM

Gold Futures End Higher

KUALA LUMPUR, June 5 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended higher today as weaker American economic data lifted US interest rate cut expectations.

An analyst said the market remained cautious ahead of non-farm payroll (NFP) data due on Friday.

The spot-month June 2025 contract rose to US$3,400.90 per troy ounce from 3,372.90 yesterday, while the July 2025 contract strengthened to US$3,409.40 from US$3,379.50.

The August, September and October 2025 contracts climbed to US$3,422.90 per troy ounce from US$3,403.10 yesterday.

Trading volume declined to 38 lots from 62 lots on Wednesday, while open interest eased to 62 contracts from 77 contracts.

Physical gold was priced at US$3,364.60 per troy ounce, according to the London Bullion Market Association’s afternoon fix on June 4.  

-- BERNAMA

 

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