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By Zufazlin Baharuddin
KUALA LUMPUR, Dec 13 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to trade higher next week, as investors are still drawn to the safe-haven asset following the United States (US) Federal Reserve (Fed) decision to cut interest rates for the third time this year.
KUALA LUMPUR, Dec 12 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher today, supported by expectations of further interest rate cuts next year, which are making the safe-haven asset more attractive to investors.
KUALA LUMPUR, Dec 11 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher today after the US Federal Reserve (Fed) cut interest rates for the third time this year, making the safe-haven asset more attractive to investors.
By Zufazlin Baharuddin
KUALA LUMPUR, Dec 6 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to trade higher next week, supported by expectations of a United States (US) Federal Reserve (Fed) interest rate cut, which keeps investors drawn to the safe-haven asset.
KUALA LUMPUR, Dec 1 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher today as risk-off sentiment prevailed, with investors turning to the safe-haven metal ahead of a potential US rate cut later this month.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Nov 29 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to trade higher next week as prevailing data points appear to support the possibility of a US Federal Reserve interest rate cut in December.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 22 (Bernama) -- The ringgit is expected to trade between 4.13 and 4.16 against the US dollar next week, with a slight upward bias after mainly weakening this week as markets lowered expectations of a United States interest rate cut at the December meeting.
KUALA LUMPUR, Nov 14 (Bernama) -- The ringgit is expected to remain well supported by the global backdrop, as seasonal patterns suggest the local note’s gains still have legs in December before a pause, according to CIMB Investment Bank Bhd.
KUALA LUMPUR, Nov 6 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher on Thursday, supported by a softer US dollar and cautious sentiments over the United States’ economic outlook amid concerns about a government shutdown, which boosted demand for gold as a safe-haven asset.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Oct 28 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives fell on Tuesday as global gold prices eased amid reduced demand for safe-haven assets following easing geopolitical tensions in Asia.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Oct 27 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives fell on Monday as another round of profit-taking hit the market, with signs of easing US-China trade tensions reducing safe-haven demand.
By Harizah Hanim Mohamed
KUALA LUMPUR, Oct 15 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher for the third consecutive day on Wednesday, as investors, almost certain of a US rate cut this month and expecting another in December, turned to the safe-haven asset.
