11m ago
KUALA LUMPUR, May 19 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher on Friday, supported by safe-haven demand following a downgrade of the United States (US) credit rating, which reignited concerns over Washington’s fiscal credibility.
11m ago
KUALA LUMPUR, May 16 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher today as investors turned to safe-haven assets despite losses on the US COMEX, an analyst said.
11m ago
KUALA LUMPUR, May 16 (Bernama) -- RHB Investment Bank Bhd (RHBIB) expects two or fewer United States (US) Federal Fund Rate (FFR) cuts in September and December this year against its previous base case for three.
11m ago
KUALA LUMPUR, May 15 (Bernama) -- Economic growth across the Asia-Pacific Economic Cooperation (APEC) region is projected to moderate to 2.6 per cent in 2025 and 2.7 per cent in 2026, marking a significant decline from the 3.6 per cent recorded in 2024, according to the latest report by the APEC Policy Support Unit.
11m ago
KUALA LUMPUR, May 15 (Bernama) -- UBS Investment Bank remains bullish on gold and expects the precious metal to continue to rally, likely until the second or third quarter of next year, amid global uncertainties.
11m ago
KUALA LUMPUR, May 14 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed lower today in tandem with the losses in US COMEX, said an analyst.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, May 10 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade lower next week, as progress in the trade deal between the United States (US) and China -- anticipated by the end of the week -- may boost demand for the US dollar and weigh on gold prices.
1y ago
By Danni Haizal Danial Donald
KUALA LUMPUR, May 6 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended higher on Tuesday amid ongoing tensions over the US-China tariffs.
1y ago
KUALA LUMPUR, May 3 (Bernama) — Gold futures on Bursa Malaysia Derivatives are expected to remain volatile next week, with cautious trading likely to persist amid a bearish trend and ongoing global market uncertainties.
1y ago
KUALA LUMPUR, April 30 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed lower today amid dampened demand for the precious metal, as the ongoing tariff feud between the United States and China continues to weigh on sentiment.
1y ago
KUALA LUMPUR, April 30 (Bernama) -- The ringgit continued to close firmer against the greenback on Wednesday as the US Dollar Index (DXY) remained below the 100-point level amid softer demand, an economist said.
1y ago
KUALA LUMPUR, April 30 (Bernama) -- The ringgit opened higher and maintained its uptrend against the US dollar in the early session on Wednesday, despite the greenback maintaining its appeal as a safe-haven currency following a 0.23 per cent gain in the US Dollar Index (DXY) to 99.237 points.