Gold Futures End Mixed Amid New US Tariffs

KUALA LUMPUR, Aug 1 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended mixed today, following new tariffs imposed by the United States on its trading partners.

At the close, the spot-month August 2025 decreased to US$3,310.40 per troy ounce from US$3,324.80 yesterday, September 2025 declined to US$3,316.30 per troy ounce from US$3,330.70, while October 2025 eased to US$3,345.40 per troy ounce from US$3,360.80 previously.

However, November 2025 rose to US$3,362.80 per troy ounce from US$3,360.80, while December 2025, February 2026 and April 2026 contracts also settled higher at US$3,380.20 per troy ounce, compared with US$3,360.80 previously.

Trading volume declined to seven lots from 10 lots yesterday, while open interest weakened to 29 contracts from 47 previously.

Physical gold was priced at US$3,298.85 per troy ounce, based on the London Bullion Market Association’s afternoon fix on July 31, 2025.

-- BERNAMA