Gold Futures Seen To Remain Under Pressure Next Week
KUALA LUMPUR, March 7 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to stay under pressure next week as higher US yields continue along its current trajectory.
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KUALA LUMPUR, March 7 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to stay under pressure next week as higher US yields continue along its current trajectory.
KUALA LUMPUR, March 6 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Friday due to rising US real yields and a still-firm US dollar.
By Siti Noor Afera Abu
KUALA LUMPUR, March 5 (Bernama) -- Gold futures on Bursa Malaysia Derivatives (BMD) settled lower on Thursday despite gains in COMEX gold futures, as shifting market sentiment reduced the urgency for investors to hold the precious metal as a geopolitical hedge.
By Siti Noor Afera Abu
KUALA LUMPUR, March 4 (Bernama) -- Gold futures on Bursa Malaysia Derivatives (BMD) declined on Wednesday despite the positive performance of COMEX gold futures, as the market closely monitored the conflict in the Middle East.
By Siti Noor Afera Abu
KUALA LUMPUR, March 3 (Bernama) -- Gold futures on Bursa Malaysia Derivatives declined on Tuesday, in line with weaker US COMEX gold futures as the greenback strengthens amid the Middle East conflict.
By Siti Noor Afera Abu
KUALA LUMPUR, March 2 (Bernama) -- Gold futures on Bursa Malaysia Derivatives settled higher on Monday, tracking gains in US COMEX gold futures, as conflict in the Middle East boosted safe-haven demand despite a firmer greenback.
KUALA LUMPUR, March 2 (Bernama) -- Bursa Malaysia ended broadly lower on Monday as risk sentiment deteriorated sharply following renewed escalation in the Middle East conflict, triggering a widespread regional equity sell-off.
KUALA LUMPUR, March 1 (Bernama) -- Gulf national oil companies are unlikely to declare force majeure pre-emptively amid elevated geopolitical risks in the Middle East, following the reported sea traffic disruptions in the Strait of Hormuz, said SPI Asset Management managing partner Stephen Innes today.
By Danni Haizal Danial Donald
KUALA LUMPUR, March 1 (Bernama) -- The ongoing attack against Iran by the United States and Israel has driven investors toward safe-haven assets, pushing global gold prices up to US$5,500 per ounce, said an analyst.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Feb 28 (Bernama) -- Malaysia’s economic outlook amid the current situation between Iran and the United States will depend largely on whether there is any physical disruption to crude shipments through the Strait of Hormuz, said SPI Asset Management managing partner Stephen Innes.
By Zufazlin Baharuddin
KUALA LUMPUR, Feb 28 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to see cautious trading next week, as traders are waiting on fresh leads and developments related to the US-Iran nuclear talks.
By Zufazlin Baharuddin
KUALA LUMPUR, Feb 26 (Bernama) -- Gold futures on Bursa Malaysia Derivatives finished lower on Thursday despite persisting uncertainty over US tariff policy and US-Iran negotiations.