Gold Futures End The Week Lower

KUALA LUMPUR, March 21 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower on weaker sentiment as traders believe that the United States interest rates will remain unchanged in the near term. 

At the close, the spot-month March 2025 contract fell to US$3,034.20 per troy ounce from US$3,047.20 on Thursday, while April 2025 declined to US$3,044.10 from US$3,057.50 previously.

May 2025, June 2025 and August 2025 all dipped to US$3,054.10 per troy ounce from US$3,067.50 per troy ounce on Thursday.

Trading volume narrowed to 17 lots from 65 lots yesterday, while open interest decreased to 87 contracts from 106 contracts previously. 

According to the London Bullion Market Association’s afternoon fix on March 20, physical gold was priced at US$3,038.15 per troy ounce.

-- BERNAMA