Gold Futures Ease At Close As Investors Reassess West Asia Risks, Inflation Concerns

KUALA LUMPUR, May 26 (Bernama) -- Gold futures on Bursa Malaysia Derivatives declined at the close following recent gains, as investors reevaluate geopolitical risks and inflation concerns related to renewed tensions in West Asia.

At the close, the spot-month May 2026 contract declined to US$4,537.50 per troy ounce from US$4,572.80 per troy ounce on Monday, while the June 2026 contract decreased to U$4,554.50 per troy ounce from U$4,589.80 per troy ounce.

The July 2026, August 2026 and October 2026 contracts all settled lower at US$4,68.20 per troy ounce from US$4,604.00 per troy ounce previously.

Trading volume was higher at 13 lots against seven lots on Monday, and open interest increased to 74 contracts from 69 contracts previously.

Physical gold was fixed at US$4,506.15 per troy ounce at the London Bullion Market Association’s (LBMA) afternoon fix on May 22, 2026, while the LBMA was closed on May 25, 2026 due to the UK Spring Bank Holiday.

-- BERNAMA