Gold Futures Close Lower On Profit-taking

KUALA LUMPUR, April 7 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower today, despite gains on the United States COMEX gold market, as profit-taking emerged after recent advances.

At the close, the spot-month April 2026 contract eased to US$4,709.90 per troy ounce from US$4,724.20 per troy ounce, and the May 2026 contract slid to US$4,730.00 per troy ounce from US$4,744.30 per troy ounce at Monday’s close. 

The June, July, and August 2026 contracts also finished lower at US$4,749.30 per troy ounce, down from US$4,763.60 previously.

Trading volume edged up to eight lots from seven lots yesterday, while open interest remained at 57 contracts.

Physical gold was fixed at US$4,639.35 per troy ounce at the London Bullion Market Association afternoon fix on April 2, 2026. 

-- BERNAMA