Gold Futures End Lower, Mirroring Comex Decline

KUALA LUMPUR, Aug 12 (Bernama) -- The gold futures on Bursa Malaysia Derivatives closed lower, tracking a sharp correction in the United States (US) COMEX gold market.

At the close, the spot-month August 2025 contract fell to US$3,351.70 per troy ounce from US$3,366.5 at Monday's close.

The September 2025 contract declined to US$3,357.40 per troy ounce from US$3,372.2, October 2025 eased to US$3,385.90 per troy ounce from US$3,402.2, and November 2025 decreased to US$3,403.30 from US$3,419.6 per troy ounce.

Meanwhile, the December 2025, February 2026 and April 2026 contracts also settled lower at US$3,422.80 per troy ounce compared with US$3,439.1 previously.

Trading volume fell to 24 lots from 28 lots yesterday, while open interest narrowed to 50 contracts from 56 contracts previously.

Physical gold was priced at US$3,356.40 per troy ounce based on the London Bullion Market Association’s afternoon fix on Aug 11.

-- BERNAMA