Gold Futures Rally For Fourth Straight Day Amid Global Trade Uncertainty

By Harizah Hanim Mohamed

KUALA LUMPUR, Oct 16 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended higher for the fourth consecutive day on Thursday amid ongoing global trade uncertainties.

The spot month October 2025 contract rose to US$4,229.80 per troy ounce from US$4,216.30 per troy ounce at yesterday’s close, the November 2025 contract increased to US$4,246.50 per troy ounce from US$4,231.50, and the December 2025 contract climbed to US$4,262.50 per troy ounce compared to US$4,247.50 previously.

The January 2026 contract strengthened to US$4,279.50 per troy ounce from US$4,264.50 per troy ounce yesterday, while the February 2026, April 2026, and June 2026 contracts all settled higher at US$4,295.8 per troy ounce versus US$4,281.0 previously.

Trading volume decreased to 63 lots from 577 lots on Wednesday, while open interest slipped to 177 contracts from 622 contracts previously. 

The physical gold price was US$4,204.60 per troy ounce based on the London Bullion Market Association’s afternoon fix on Oct 15, 2025.

-- BERNAMA