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BUSINESS • 07/11/2025 08:11 PM

Gold Futures Close Lower

KUALA LUMPUR, Nov 7 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended lower on Friday despite the positive momentum in the US COMEX gold market.

Market participants are reportedly awaiting fresh cues on the United States’ economic outlook, particularly amid expectations of another interest rate cut by the US Federal Reserve.

The spot month November 2025 contract slid to US$4,022.60 per troy ounce from US$4,025.20 on Wednesday, December 2025 decreased to US$4,039.90 from US$4,042.10 yesterday, and January 2026 edged down to US$4,058.60 from US$4,060.90 previously.

Meanwhile, the February 2026, April 2026 and June 2026 contracts all settled lower at US$4,074.50 per troy ounce from US$4,076.80 previously.

Trading volume improved to 39 lots from 31 on Thursday, while open interest eased to 132 contracts from 138 previously.

The physical gold was priced at US$3,986.50 per troy ounce, according to the London Bullion Market Association afternoon fix on Nov 6, 2025.

-- BERNAMA

 

 

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