Gold Futures End Higher, Despite Weaker US COMEX Performance

KUALA LUMPUR, Jan 7 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher on Tuesday, despite their weak performance in the US COMEX.

The new spot-month January 2026 contract rose to US$4,474.0 per troy ounce from US$4,469.8 on Tuesday, February 2026 increased to US$4,490.7 from US$4,486.5 yesterday, while March 2026 inched up to US$4,508.7 from US$4,503.2 previously.

The April, June and August 2026 contracts were also marginally higher, settling at US$4,526.7 per troy ounce compared with US$4,521.2 previously.

Trading volume climbed to 303 lots from 149 lots on Tuesday, while open interest increased to 344 contracts from 214 contracts previously.

Physical gold was fixed at US$4,452.75 per troy ounce at the London Bullion Market Association afternoon fix on Jan 6, 2026.

-- BERNAMA