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Gold Futures Close Lower In Line With Weaker COMEX Gold

KUALA LUMPUR, July 10 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower on Friday, tracking weaker COMEX gold prices amid expectations that the US Federal Reserve will keep interest rates elevated.

At the close, the spot-month July 2026 contract fell to US$4,109.30 per troy ounce from US$4,115.60 on Thursday.

The August 2026 contract slid to US$4,129.90 per troy ounce from US$4,136.20 yesterday, while the September 2026 contract decreased to US$4,141.70 per troy ounce from US$4,149.40 previously.

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Meanwhile, the October 2026 and December 2026 contracts both declined to US$4,172.20 per troy ounce from US$4,179.90.

Trading volume shrank to 25 lot from 134 lots yesterday, while open interest narrowed to 105 contracts from 204 contracts.

Meanwhile, physical gold was fixed at US$4,130.15 per troy ounce at the London Bullion Market Association's afternoon fix on July 9, 2026.

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-- BERNAMA