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MARKET • 14/08/2025 07:35 PM

Gold Futures On BMD Settle Lower Despite COMEX Strength

KUALA LUMPUR, Aug 14 (Bernama) -- Gold futures on Bursa Malaysia Derivatives (BMD) finished lower on Thursday, bucking the trend seen in the US COMEX gold market, despite optimism over a potential US Federal Reserve rate cut and the anticipated United States-Russia talks this week.

At the close, the spot-month August 2025 contract fell to US$3,358.20 per troy ounce from US$3,364.10 at Wednesday's close.

The September 2025 contract dropped to US$3,363.90 per troy ounce from US$3,369.80 yesterday, October 2025 slipped to US$3,393.0 per troy ounce from US$3,399.20, and November 2025 declined to US$3,410.70 per troy ounce from US$3,416.60.

Meanwhile, the December 2025, February 2026 and April 2026 contracts also settled lower at US$3,430.20 per troy ounce compared with US$3,436.10 previously.

Trading volume eased to 20 lots from 21 lots yesterday, while open interest narrowed to 47 contracts from 54 contracts previously.

Physical gold was priced at US$3,364.40 per troy ounce based on the London Bullion Market Association’s afternoon fix on Aug 13.

-- BERNAMA

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