File Pict

Gold Futures Close Lower, In Sync With US COMEX Trend

KUALA LUMPUR, May 15 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed lower today, in line with losses on US COMEX.

The spot month May 2025 contract dropped to US$3,174.80 per troy ounce from  US$3,240.90, while June 2025 eased to US$3,187.80 from US$3,253.90 at yesterday’s close.

The July 2025, August 2025, and October 2025 contracts fell to US$3,201.50 per troy ounce from US$3,267.60.

The trading volume surged to 567 lots from 213 lots yesterday, while open interest rose to 601 contracts from 234 contracts previously.

According to the London Bullion Market Association’s afternoon fix on May 14, physical gold was priced at US$3,191.95 per troy ounce.

-- BERNAMA