Gold Futures Close Higher, Tracking Comex Gains

KUALA LUMPUR, Sept 23 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher today, tracking gains in the US COMEX gold market.

RHB Investment Bank Bhd said COMEX gold surged US$68.80 to settle at US$3,744.80 on Monday, driven by strong demand. “Following the breakout, the yellow metal is likely to extend its bullish trajectory towards US$3,800, with the next resistance seen at US$4,000,” the investment bank said in a note.

The September 2025 contract rose to US$3,789.3 per troy ounce from US$3,727.8 yesterday’s close, while the October 2025 contract increased to US$3,806.1 from US$3,676.60, and the November 2025 contract jumped to US$3,824.3 from US$3,761.4 previously.

The December 2025, February 2026, April 2026 and June 2026 contracts all settled higher at US$3,845.4 per troy ounce versus US$3,782.5 previously.

Trading volume rose to 809 lots from 270 lots on Monday, while open interest increased to 835 contracts from 315 contracts previously.

Physical gold stood at US$3,719.70 per troy ounce based on the London Bullion Market Association’s afternoon fix on Sept 22, 2025.

-- BERNAMA