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MARKET • 22/08/2025 07:21 PM

Gold Futures End Lower Ahead Of US Fed Symposium In Jackson Hole

KUALA LUMPUR, Aug 22 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower today ahead of the United States (US) Federal Reserve’s (Fed) Jackson Hole symposium taking place tonight, as traders await signals on the US monetary policy.

Besides, the performance of gold futures on Bursa Malaysia also mirrored the US COMEX gold market, where the safe-haven asset was kept on the sidelines.

At the close, the spot-month August 2025 contract decreased to US$3,327.30 per troy ounce from US$3,339.10 on Thursday.

The September 2025 contract shed to US$3,332.70 per troy ounce from yesterday’s close of US$3,344.50, October 2025 weakened to US$3,362.20 per troy ounce from US$3,374.00 on Thursday, and November 2025 down to US$3,379.00 per troy ounce from US$3,390.80.

Meanwhile, the December 2025, February 2026 and April 2026 contracts all settled lower at US$3,399.40 per troy ounce compared with US$3,410.60 on Thursday.

Trading volume added to 17 lots from seven lots yesterday, while open interest gained to 56 contracts from 45 contracts previously.

Physical gold was priced at US$3,338.30 per troy ounce based on the London Bullion Market Association’s afternoon fix on Aug 21.

-- BERNAMA

 

 

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