Gold Futures Close Higher On Safe-haven Demand

KUALA LUMPUR, June 4 (Bernama) -- Gold futures on Bursa Malaysia Derivatives rose today, mirroring gains on the US COMEX market, as investors sought safe-haven assets amid ongoing global economic and geopolitical uncertainties.

At the close, the spot-month June 2026 contract increased to US$4,484.20 per troy ounce from US$4,463.20 per troy ounce at Wednesday’s close, July 2026 climbed to US$4,499.40 per troy ounce from US$4,477.90, and August 2026 rose to US$4,515.80 per troy ounce from US$4,499.00.

The September 2026 contract improved to US$4,520.30 per troy ounce from US$4,503.50, and October 2026 edged up to US$4,524.80 per troy ounce from US$4,503.50 per troy ounce previously.

Trading volume jumped to 19 lots against nine lots yesterday, while open interest increased to 69 contracts from 50 contracts previously.

Meanwhile, the physical gold was fixed at US$4,444.60 per troy ounce at the London Bullion Market Association’s afternoon fix on June 3, 2026.

-- BERNAMA