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MARKET • 16/08/2025 10:04 AM

Gold Futures Likely To See Cautious Trading Next Week

KUALA LUMPUR, Aug 16 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to see cautious trading next week, influenced by external developments and US COMEX performance.

Investors are likely to stay on the sidelines ahead of the release of the United States Federal Open Market Committee (FOMC) meeting minutes on Aug 20, amid ongoing weakness in the greenback.

On a weekly basis, the spot-month August 2025 contract decreased to US$3,344.10 per troy ounce on Friday from US$3,415.80 a week earlier, the September 2025 contract improved to US$3,349.50 per troy ounce from US$3,421.50 previously, while October 2025 weakened to US$3,378.90 per troy ounce from US$3,451.50, and November 2025 slipped to US$3,395.70 per troy ounce from US$3,468.90.

Meanwhile, the December 2025, February 2026 and April 2026 contracts all settled lower at US$3,415.20 per troy ounce compared with US$3,488.40 previously.

Weekly trading volume decreased to 98 lots from 107 lots in the previous week, while open interest narrowed to 38 contracts from 52 contracts.

Physical gold was priced at US$3,343.85 per troy ounce based on the London Bullion Market Association’s afternoon fix on Aug 14.

-- BERNAMA

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