Gold Futures End Lower On Stronger US Dollar

KUALA LUMPUR, Jan 15 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Thursday as the US dollar strengthened after President Donald Trump indicated he has no plans to remove the current Federal Reserve chairman.

The new spot-month January 2026 contract decreased to US$4,612.80 per troy ounce from US$4,649.60 on Wednesday, while February 2026 fell to US$4,629.40 from US$4,665.30 and March 2026 was lower at US$4,646.20 from US$4,682.60.

The April, June, and August 2026 contracts were also easier, settling at US$4,665.30 per troy ounce compared with US$4,669.90 previously.

Trading volume rose to 365 lots from 160 lots yesterday, while open interest increased to 403 contracts from 231 contracts previously.

Physical gold was fixed at US$4,606.50 per troy ounce at the London Bullion Market Association afternoon fix on Jan 14, 2026. 

-- BERNAMA