Gold Futures Close Lower, Tracking COMEX Weakness Amid Firmer US Dollar

KUALA LUMPUR, April 20 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Monday, reflecting the weaker performance in the US COMEX market, as a stronger US dollar pressured prices amid the renewed US-Iran conflict.

At the close, the spot-month April 2026 contract slid to US$4,810.10 per troy ounce from US$4,816.20 per troy ounce at Friday’s close, and the May 2026 contract decreased to US$4,830.10 per troy ounce from US$4,836.20 per troy ounce previously. 

The June, July and August 2026 contracts all closed lower at US$4,848.60 per troy ounce, down from US$4,854.70 per troy ounce.

Trading volume stood at six lots compared with 21 lots on Friday, while open interest fell to 60 contracts from 87 contracts previously.

Physical gold was fixed at US$4,870.50 per troy ounce at the London Bullion Market Association afternoon fix on April 17, 2026.

-- BERNAMA