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Gold Futures Close Lower

KUALA LUMPUR, July 17 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on profit-taking, despite gains in gold prices on the US Commodity Exchange (COMEX).

At the close, the spot-month July 2026 contract eased to US$4,003.50 per troy ounce from US$4,036.20 per troy ounce on Thursday, while August 2026 decreased to US$4,021.70 per troy ounce from US$4,057.00 per troy ounce, and September 2026 slid to US$4,034.70 per troy ounce from US$4,070.00 per troy ounce.

The October 2026 and December 2026 contracts both dropped to US$4,065.2 per troy ounce from US$4,100.50 per troy ounce previously.

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Trading volume rose to 130 lots from 93 lots on Thursday, while open interest climbed to 202 from yesterday’s 165 contracts.

Physical gold was fixed at US$3,993.55 per troy ounce at the London Bullion Market Association’s afternoon fix on July 16, 2026.

-- BERNAMA

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