MARKET

Gold Futures End Mostly Lower Due To Profit Taking After Recent Gains

08/01/2026 08:29 PM

KUALA LUMPUR, Jan 8 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed mostly lower on Thursday, amid profit-taking after recent gains.

The March 2026 contract inched up to US$4,475.2 per troy ounce from US$4,508.7 on Wednesday, but the new spot-month January 2026 contract slid to US$4,440.7 per troy ounce from US$4,474.0 previously, and February 2026 fell to US$4,457.2 from US$4,490.7.

The April, June and August 2026 contracts were also lower, settling at US$4,493.2 per troy ounce, compared with US$4,526.7 previously.

Trading volume slid to 239 lots from 303 lots on Wednesday, while open interest decreased to 315 contracts from 344 contracts previously.

Physical gold was fixed at US$4,438.0 per troy ounce at the London Bullion Market Association afternoon fix on Jan 7, 2026.

-- BERNAMA

 

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