Gold Futures End Higher On Expectations Of Further US Rate Cuts Next 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.

The US Federal Open Market Committee (FOMC) recently made a bold move by cutting interest rates to 3.50-3.75 per cent, its third reduction this year from 4.25-4.50 per cent range set in December last year -- a decision that also weighed on the US dollar.

The spot-month December 2025 contract increased to US$4,324.50 per troy ounce from US$4,226.60 per troy ounce on Thursday, January 2026 rose to US$4,341.40 per troy ounce from US$4,242.40 per troy ounce, February 2026 edged up to US$4,357.20 per troy ounce from US$4,258.20 per troy ounce, and March 2026 rose to US$4,373.90 per troy ounce from US$4,274.90 per troy ounce previously.

The April and June 2026 contracts also settled higher at US$4,394.20 per troy ounce from US$4,277.70 per troy ounce on Thursday.

Trading volume surged to 172 lots compared to five lots yesterday, while open interest increased to 238 contracts from 67 contracts previously.

Physical gold was priced at US$4,230.35 per troy ounce, according to the London Bullion Market Association afternoon fix on Dec 11, 2025. 

-- BERNAMA