Fed Rate Cut Boosts Gold Futures To Close Marginally Higher

KUALA LUMPUR, Sept 18 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended marginally higher amid the latest United States Federal Reserve (Fed) monetary policy decision.

The Fed lowered interest rates by a quarter of a percentage point on Wednesday for the first time since last December.

The September 2025 contract rose to US$3,676.60 per troy ounce from US$3,675.20 at Wednesday’s close, while the October 2025 contract climbed to US$3,692.70 from US$3,692.0 and the November 2025 contract increased to US$3,709.50 from US$3,708.80.

Meanwhile, the December 2025, February 2026, April 2026 and June 2026 contracts all settled higher at US$3,730.40 per troy ounce versus US$3,729.70 previously.

Trading volume advanced to 441 lots from 175 lots yesterday, while open interest widened to 494 contracts from 225 contracts previously.

Physical gold stood at US$3681.00 per troy ounce based on the London Bullion Market Association’s afternoon fix on Sept 17, 2025.

-- BERNAMA