Gold Futures Close Lower Amid Firmer US Dollar
By K. Naveen Prabu
KUALA LUMPUR, Sept 23 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Wednesday as a firmer United States dollar continued to weigh on the precious metal.
By K. Naveen Prabu
KUALA LUMPUR, Sept 23 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Wednesday as a firmer United States dollar continued to weigh on the precious metal.
By K. Naveen Prabu
KUALA LUMPUR, Sept 23 (Bernama) -- The ringgit ended higher against major currencies on Wednesday but weakened against the greenback as expectations of further interest rate hikes by the United States Federal Reserve (Fed) continued to support the US dollar.
KUALA LUMPUR, Sept 23 (Bernama) -- The ringgit opened higher against the US dollar on Wednesday, supported by easing Brent crude oil prices and geopolitical concerns.
By K. Naveen Prabu
KUALA LUMPUR, Sept 22 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Tuesday as a firmer United States dollar weighed on the precious metal.
By K. Naveen Prabu
KUALA LUMPUR, Sept 22 (Bernama) -- The ringgit closed marginally higher against the US dollar on Tuesday, trading within a narrow range as investors remained cautious ahead of key geopolitical developments this week.
KUALA LUMPUR, Sept 21 (Bernama) -- Bursa Malaysia ended slightly higher on Monday, supported by bargain hunting in selected blue chips as concerns over the West Asia conflict eased amid retreating oil prices.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 21 (Bernama) -- Bursa Malaysia opened mixed on Monday as investors weighed firmer regional markets against lingering concerns over the US Federal Reserve’s (Fed) hawkish stance and elevated US Treasury yields, with the FTSE Bursa Malaysia KLCI (FBM KLCI) edging lower.
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Sept 21 (Bernama) -- The ringgit opened mixed against major and ASEAN currencies on Monday as investors assessed the Bank of Japan’s (BOJ) rate hike on Friday.
KUALA LUMPUR, Sept 19 (Bernama) -- The ringgit is likely to remain range-bound against the US dollar next week, with market attention drawn to speeches by several US Federal Reserve (Fed) officials, an analyst said.
KUALA LUMPUR, Sept 19 (Bernama) -- Bursa Malaysia’s benchmark index is expected to remain cautious next week, with investor sentiment likely to be shaped by the Federal Reserve’s latest policy decision, developments in West Asia, oil prices and shifts in US interest rate expectations.
By Harizah Hanim Mohamed and Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 18 (Bernama) -- Bursa Malaysia’s main index closed lower on Friday after a choppy session, while buying interest shifted to smaller-cap stocks, particularly technology and construction counters.
KUALA LUMPUR, Sept 18 (Bernama) – The Malaysia Gold Association (MGA) stated that the ongoing interest rate hike cycle in major economies is anticipated to be the primary factor impacting gold prices in the future.