KUALA LUMPUR, The gold futures contract on Bursa Malaysia Derivatives closed lower today, despite the stronger performance of the COMEX gold futures. At the close, August 2024 slid to US$2,402.20 per troy ounce from US$2,432.60 per troy ounce at yesterday's close. Meanwhile, September 2024, October 2024, November 2024, December 2024, and February 2025 all settled lower at US$2,405.90 per troy ounce compared to US$2,436.30 per troy ounce previously. Volume fell to 39 lots from 51 lots on Tuesday, while open interest rose to 60 contracts against 21 contracts previously. The price of physical gold stood at US$2,396.55 per troy ounce, according to the London Bullion Market Association's afternoon fix on Aug 6. Source: BERNAMA News Agency
Search
Recent Posts
Typhoon Queenie Intensifies, Rains Expected Over Visayas and Mindanao
September 27, 2026
Bicol’s Traditional ‘Pinukpok’ Fabric Gains Popularity in Fashion Industry
September 23, 2026
LTO Issues Show Cause Order to TV Host Over Traffic Violations
September 23, 2026
Senate Maintains Two-Thirds Vote Requirement in Duterte Impeachment Trial
September 23, 2026
Marcos Declares Special Holidays in Five Philippine Municipalities
September 27, 2026
Typhoon Queenie Intensifies, Rains Expected Over Visayas and Mindanao
September 27, 2026
Bicol’s Traditional ‘Pinukpok’ Fabric Gains Popularity in Fashion Industry
September 23, 2026
LTO Issues Show Cause Order to TV Host Over Traffic Violations
September 23, 2026
Advertisement