MARKET

Gold Futures End Higher Amid Softer Greenback

02/12/2025 07:48 PM

KUALA LUMPUR, Dec 2 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher today, supported by a softer greenback amid growing expectations of a US interest rate cut next week.

The spot-month December 2025 advanced to US$4,214.30 per troy ounce from US$4,175.30 per troy ounce, January 2026 increased to US$4,230.50 per troy ounce from US$4,191.20, February 2026 rose to US$4,243.80 per troy ounce from US$4,207.50 and March 2026 jumped to US$4,260.50 per troy ounce from US$4,207.50, yesterday.

The April and June 2026 contracts also settled higher at US$4,278.10 per troy ounce from US$4,207.50 per troy ounce previously.

Trading volume rose to 61 lots from 53 on Monday, while open interest increased to 147 contracts from 135 previously.

Physical gold was priced at US$4,238.85 per troy ounce, according to the London Bullion Market Association afternoon fix on Dec 1, 2025.

-- BERNAMA

 

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