WORLD

GOLD FUTURES END FIRMER

05/07/2024 07:48 PM

KUALA LUMPUR, July 5 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives continued to close firmer today, tracking the COMEX gold futures’ performance.

At the close, the spot month July 2024 contract increased to US$2,370.50 per troy ounce from US$2,368.70 per troy ounce on Thursday, while August 2024 rose to US$2,386.50 per troy ounce from US$2,384.70 per troy ounce yesterday. 

September 2024, October 2024, December 2024, and February 2025 all improved to US$2,386.50 per troy ounce from US$2,384.70 per troy ounce previously.

Volume shrank to one lot from three lots yesterday, while open interest fell to six contracts from nine contracts previously.

The price of physical gold was at US$2,358.65 per troy ounce, according to the London Bullion Market Association’s afternoon fix on July 4.

-- BERNAMA  

 

 

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