Gold Futures Close Firmer, Tracking US COMEX Gains
By Danni Haizal Danial Donald
KUALA LUMPUR, March 17 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended slightly higher on Tuesday, tracking gains in the US COMEX gold market.
By Danni Haizal Danial Donald
KUALA LUMPUR, March 17 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended slightly higher on Tuesday, tracking gains in the US COMEX gold market.
By Danni Haizal Danial Donald
KUALA LUMPUR, March 16 (Bernama) -- The ringgit ended higher against the US dollar and other major currencies at the close on Monday, as the market reflected stabilising regional and global risk sentiment, which pushed the greenback to marginal softness amid easing safe-haven demand.
By Danni Haizal Danial Donald
KUALA LUMPUR, March 16 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower on Monday as traders appeared to be cautious ahead that the United States Federal Reserve (Fed) may take a more hawkish stance at its meeting this week.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, March 14 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is anticipated to trade within a broader range next week, as the oil market now influences the wider macroeconomic narrative.
KUALA LUMPUR, March 13 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower at Friday’s close as traders and investors are no longer viewing gold purely through a geopolitical safe-haven lens.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, March 12 (Bernama) -- Gold futures on Bursa Malaysia Derivatives continue to end lower at Thursday's closing after crude oil prices surged past US$100, which pushed short end US yields and the dollar higher.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, March 11 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Wednesday, as the US dollar strengthened and oil prices rebounded, said an analyst.
By Siti Radziah Hamzah
KUALA LUMPUR, March 10 (Bernama) -- Oil prices retreated from their highest level since 2022 to below US$100 per barrel on Tuesday after the Group of Seven (G7) signalled its readiness to release emergency reserves, easing some of the market anxiety triggered by the escalating conflict between the United States and Iran.
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.