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Gold Futures Close Lower Amid Firmer US Dollar After Fed Decision

KUALA LUMPUR, Sept 19 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Friday, impacted by the strengthening of the US dollar following the Federal Reserve’s (Fed) decision to cut interest rates.

The September 2025 contract fell to US$3,660.20 per troy ounce from US$3,676.60 at Thursday’s close, while the October 2025 contract declined to US$3,676.60 from US$3,692.70, and the November 2025 contract decreased to US$3,693.40 from US$3,709.50.

The December 2025, February 2026, April 2026 and June 2026 contracts all settled lower at US$3,714.30 per troy ounce versus US$3,730.40 previously.

Trading volume advanced to 772 lots from 441 lots yesterday, while open interest widened to 807 contracts from 494 contracts previously.

Physical gold stood at US$3,643.70 per troy ounce based on the London Bullion Market Association’s afternoon fix on Sept 18, 2025.

-- BERNAMA