GOLD FUTURES CLOSE HIGHER
KUALA LUMPUR, April 16 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher on Tuesday, tracking firmer COMEX gold futures.
At the close, the spot month April 2024 contract rose to US$2,374.50 per troy ounce from US$2,355.40 at Monday’s close while the May 2024 contract went up to US$2,390.30 from US$2,371.20 previously.
The June 2024, July 2024, August 2024 and October 2024 contracts all settled higher at US$2,395.50 per troy ounce from US$2,376.40.
The volume firmed to 38 lots from 20, while open interest went up to 78 contracts versus 58 on Monday.
According to the London Bullion Market Association’s afternoon fix on April 15, the price of physical gold stood at US$2,344.20 per troy ounce.
-- BERNAMA
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