Gold Futures On Bursa Malaysia End Higher On Safe-haven Interest

KUALA LUMPUR, July 2 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher on Wednesday as investors turned to safe-haven assets, despite weaker performance in the US COMEX gold market.

At the close, the spot-month July 2026 contract rose to US$4,078.80 per troy ounce from US$4,013.90 per troy ounce at Wednesday’s close, August 2026 increased to US$4,101.10 per troy ounce from US$4,026.70 per troy ounce yesterday, and September 2026 expanded to US$4,113.90 per troy ounce from US$4,045.80 per troy ounce.

The October 2026 and December 2026 contracts both advanced to US$4,133.00 per troy ounce from US$4,045.80 per troy ounce previously.

Trading volume grew to 181 lots from 160, while open interest widened to 264 contracts from 224 yesterday.

Meanwhile, physical gold was fixed at US$4,089.45 per troy ounce at the London Bullion Market Association afternoon fix on July 1, 2026.

-- BERNAMA