| BREAKING NEWS | Thailand's Constitutional Court Tuesday suspended PM Paetongtarn pending deliberation of a leaked phone call case | |
By Abdul Hamid A Rahman
KUALA LUMPUR, June 30 (Bernama) -- Gold futures contracts on Bursa Malaysia Derivatives ended lower today as global sentiment turned more bullish towards equities, said SPI Asset Management managing partner Stephen Innes.
He said the decline was driven by improving trade sentiment, spurred by the United States–China framework deal and ongoing negotiations with key Asian partners.
The spot-month June 2025 contract fell to US$3,277.30 per troy ounce from US$3,340.80 per troy ounce on Thursday last week, while July 2025 dropped to US$3,296.80 from US$3,355.10 per troy ounce previously.
The August, September and October 2025 contracts all declined to US$3,312.50 per troy ounce from US$3,370.80 per troy ounce last Thursday.
Trading volume shrank to three lots versus 13 lots previously, while open interest narrowed to 24 contracts from 36 contracts.
Physical gold was priced at US$3,271.75 per troy ounce, according to the London Bullion Market Association’s afternoon fix on June 27.
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