|COVID–19 NEWS||Second day of special Parliament sitting to focus on public health issues, action to combat COVID-19 | Hishammuddin to take over SOP compliance announcements from tomorrow - DPM | Workplace clusters record highest COVID-19 cases - Tengku Zafrul | Dewan Rakyat discusses improvements to recovery plan, overcoming of people's hardship | COVID: 207 deaths, highest daily toll to date ||
KUALA LUMPUR, July 21 -- The gold futures contract on Bursa Malaysia Derivatives remained untraded at the close on Wednesday on lack of buying interest, said a dealer.
Phillip Futures Sdn Bhd dealer Carmen Yoon Kar Min said the US COMEX gold prices were on track for a second session of declines as a stronger dollar and rebound in US Treasury yields contended with the metal's safe-haven status.
"Gold price is expected to trade on the downside as the US dollar and bond rallied due to the rapid spread of the COVID-19 Delta variant," she said.
At the close, spot month July 2021 stood at RM230.00 a gramme while August 2021, September 2021 and spot month October 2021 all stood at RM255.00 a gramme.
Volume was nil while open interest stood at five contracts.
At 5 pm, the price of physical gold went up RM1.07 to RM237.84 a gramme from RM236.77 a gramme on Monday.
Bernama is the trusted source of reliable real-time comprehensive and accurate news for both the public and media practitioners. Our news is published at www.bernama.com ; BERNAMA TV on: Astro Channel 502, unifi TV Channel 631, MYTV Channel 121 IFLIX; and Bernama Radio broadcasting locally on FM93.9 in Klang Valley, Johor (FM107.5), Kota Kinabalu (FM107.9) and Kuching (FM100.9).
Follow us on social media :
Facebook : @bernamaofficial, @bernamatv, @bernamaradio
Twitter : @bernama.com, @BernamaTV, @bernamaradio
Instagram : @bernamaofficial, @bernamatvofficial, @bernamaradioofficial
TikTok : @bernamaofficial