Gold Futures End Lower On Stronger US Dollar
By Danni Haizal Danial Donald
KUALA LUMPUR, May 27 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended lower on Tuesday due to a stronger United States (US) dollar, said an analyst.
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By Danni Haizal Danial Donald
KUALA LUMPUR, May 27 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended lower on Tuesday due to a stronger United States (US) dollar, said an analyst.
KUALA LUMPUR, May 22 (Bernama) -- Bursa Malaysia opened lower on Thursday, mirroring a weaker Wall Street’s performance overnight.
By Abdul Hamid A Rahman
KUALA LUMPUR, May 17 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade higher next week, within the range of US$3,200-US$3,250, due to concerns over the US fiscal situation, said SPI Asset Management managing partner Stephen Innes.
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.
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.
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.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, April 25 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended lower on Friday as risk appetite improved on trade talks between US and China.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, April 23 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives retreated at the close today as profit-taking kicked in after it jumped to all time high yesterday, amid hopes of eased US-China tariff tension.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, April 22 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher for the second consecutive day on Tuesday, tracking gains on COMEX, as investors continued to flock to the precious metal amid growing concerns about the global economy.
KUALA LUMPUR, April 15 (Bernama) -- The ringgit opened higher against the US dollar on Tuesday as market sentiment remained cautious amid ongoing inconsistencies in US import tariff policies, with the White House reportedly planning new levies on semiconductors and pharmaceuticals.
By Siti Noor Afera Abu
KUALA LUMPUR, April 12 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to remain supported next week, driven by expectations of US interest rate cuts and rising concerns over the stability of the US bond market.
By Siti Noor Afera Abu
KUALA LUMPUR, April 8 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower today amid the ongoing global trade tensions between the US and its key trading partners.