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MARKET • 22/07/2026 09:00 PM

Gold Futures End Higher Tracking COMEX Gains

KUALA LUMPUR, July 22 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher today, tracking gains in gold prices on the US Commodity Exchange (COMEX).

RHB Investment Bank Bhd reported that COMEX Gold closed higher at US$4,076.40 per troy ounce, approaching immediate resistance due to strong buying momentum.

“A strong resistance should emerge at US$4,200 per troy ounce. We will keep the negative trading bias unless the precious metal crosses above US$4,400 per troy ounce,” it said in a research note today. 

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At the close, the spot-month July 2026 contract rose to US$4,121.30 per troy ounce from US$4,065.70 per troy ounce on Tuesday, the August 2026 contract increased to US$4,141.10 per troy ounce from US$4,085.50 per troy ounce, and September 2026 went up to US$4,154.80 per troy ounce from US$4,098.60 per troy ounce.

The October 2026 and December 2026 contracts both improved to US$4,185.30 per troy ounce from US$4,129.10 per troy ounce previously.

Trading volume improved to 168 lots from 117 lots yesterday, while open interest strengthened to 236 contracts from 185 contracts yesterday.

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Physical gold was fixed at US$4,052.30 per troy ounce at the London Bullion Market Association’s afternoon fix on July 21, 2026.

-- BERNAMA

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