Gold Futures End Higher As US Dollar Weakens Ahead Of Fed Meeting
KUALA LUMPUR, Dec 5 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher today, buoyed by a weaker US dollar amid rising expectations of a US interest rate cut, as markets look ahead to key US inflation data before next week’s Federal Reserve policy meeting.
Market participants were monitoring the delayed September US personal consumption expenditures (PCE) index report, due later tonight, which is expected to provide clearer insight into the US central bank’s policy outlook.
The spot-month December 2025 contract increased to US$4,238.00 per troy ounce from US$4,206.10 on Thursday, January 2026 rose to US$4,253.60 per troy ounce from US$4,221.80, February 2026 edged up to US$4,269.90 per troy ounce from US$4,237.80, and March 2026 climbed to US$4,286.60 per troy ounce from US$4,254.50 yesterday.
The April and June 2026 contracts also settled higher at US$4,303.80 per troy ounce from US$4,272.60 per troy ounce previously.
Trading volume tumbled to 16 lots from 94 lots on Thursday, while open interest slid to 81 contracts from 148 previously.
Physical gold was priced at US$4,200.60 per troy ounce, according to the London Bullion Market Association afternoon fix on Dec 4, 2025.
-- BERNAMA