MARKET

Gold Futures End Higher As Risk-off Sentiment Lifts Safe-haven Demand

01/12/2025 07:15 PM

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.

The US Federal Open Market Committee (FOMC) meeting is scheduled to be held next week.

The spot-month December 2025 advanced to US$4,175.30 per troy ounce from US$4,172.6 per troy ounce, and January 2026 increased to US$4,191.20 per troy ounce from US$4,188.50 per troy ounce.

The February, April, June and July 2026 contracts also settled higher at US$4,207.50 per troy ounce from US$4,204.80 per troy ounce previously.

Trading volume rose to 53 lots from 51 lots on last Thursday, while open interest shed to 135 contracts from 181 contracts previously.

Physical gold was priced at US$4,191.05 per troy ounce, according to the London Bullion Market Association afternoon fix on Nov 28, 2025.

-- BERNAMA

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