KUALA LUMPUR, Oct 12 — Gold futures on the Bursa Malaysia Derivatives market close on a higher note following the stronger performance in US Comex gold futures.
At the close, the contract for October 2023 increased to US$1,885.20 (RM8,884) per troy ounce from US$1,870.40 at yesterday’s close, November 2023 went up to US$1,893.30 from US$1,882.30 previously and December 2023 climbed to US$1,903.80 from US$1,892.80.
Contracts for January 2024, February 2024 and April 2024 all settled at US$1,912.10 per troy ounce.
The volume fell to 21 lots from 93 lots yesterday while open interest decreased to 142 contracts from 220 at yesterday’s close.
The price of physical gold stood at US$1,871.25 per troy ounce as published by the London Bullion Market Association’s afternoon fix on Oct 11. — Bernama