Breaking Stories Across ASEAN. Trusted News. Real Insights. Your Gateway to Southeast Asia.

Gold Futures Close Higher

KUALA LUMPUR, Gold futures contract on Bursa Malaysia Derivatives ended higher for the fourth consecutive day on Wednesday.At the end of trading, the August 2024 contract rose to US$2,541.20 per troy ounce from US$2,525.80 at Tuesday's close. The September 2024, October 2024, November 2024, December 2024, and February 2025 notes all settled higher at US$2,544.90 per troy ounce against US$2,529.50 previously.The volume slipped to 13 lots from yesterday's close of 16 lots, while open interest decreased to 54 contracts from 60 contracts previously.The price of physical gold stood at US$2,529.75 per troy ounce, according to the London Bullion Market Association's afternoon fix on Aug 20.Source: BERNAMA News Agency