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Gold Futures Extend Losses Amid Rate Hike Concerns

KUALA LUMPUR, June 11 (Bernama) -- Gold futures on Bursa Malaysia Derivatives extended their losses to close lower on Thursday, tracking softer US COMEX performance as market sentiment was weighed down by growing concerns over the Federal Reserve interest rate hike following higher inflation.

Gold Futures End Lower Amid Persistent Selling Pressure

By Danni Haizal Danial Donald

KUALA LUMPUR, June 10 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower today, tracking the decline in the US COMEX market amid persistent selling activity that dampened market sentiment.

Holafly Names ATP Star Francisco Cabral Global Brand Ambassador

KUALA LUMPUR, June 10 (Bernama) -- Holafly, the global leader in travel eSIMs, has announced a new partnership with ATP Top 20 doubles player Francisco Cabral, who will serve as its global brand ambassador.

Gold Futures Rise On Softer Crude Oil Prices

By Danni Haizal Danial Donald

KUALA LUMPUR, June 9 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher today, as softer oil prices due to easing West Asia tensions supported market sentiment.

Gold Futures Falls Amid US Rate Hike Concerns

KUALA LUMPUR, June 8 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower today, tracking the decline in the COMEX performance as fears of a United States (US) rate hike increased following its strong jobs report.

Gold Futures To Trade Between US$4,400 And US$4,500 Next Week

KUALA LUMPUR, June 6 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade within the US$4,400 per troy ounce to US$4,500 per troy ounce range next week, supported by safe-haven demand amid uncertainty over the United States interest rate outlook.

Gold Futures Dip At Close On Profit-taking

KUALA LUMPUR, June 5 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed marginally lower today, mirroring the weaker US COMEX market, as investors took profit.

Malaysia Should Strengthen Trade, Investment Ties With Taiwan In Semiconductor Sector

KUALA LUMPUR, June 4 (Bernama) -- Malaysia should place greater emphasis on strengthening trade and investment relations with Taiwan, particularly in the semiconductor industry, said Taylor’s University adjunct professor, Dr Ong Kian Ming.

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.

Gold Futures Close Lower

KUALA LUMPUR, June 3 (Bernama) -- Gold futures on Bursa Malaysia Derivatives traded lower today, tracking the decline in the US COMEX performance.

Gold Futures Likely To Remain Well Supported Next Week

KUALA LUMPUR, May 30 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to remain well supported next week as investors assess the sustainability of easing geopolitical tensions in West Asia.

Gold Futures Close Higher, Supported By Weaker US Dollar

KUALA LUMPUR, May 29 (Bernama) -- Gold prices traded higher today as a weaker US dollar lent support to bullion prices, analysts said.