Gold Futures End Lower Despite US COMEX Gains
KUALA LUMPUR, Feb 6 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Friday despite gains in the US COMEX gold market.
At the close, the spot month February 2026 contract dropped to US$4,877.9 per troy ounce from US$4,892 on Thursday, March 2026 fell to US$4,895.4 per troy ounce from US$4,909.50 yesterday and April 2026 decreased to US$4,912.20 per troy ounce from US$4,926.30.
The May, June and August 2026 contracts also weakened, settling at US$4,912.2 per troy ounce compared with US$4,926.30 yesterday.
Trading volume rose to 52 lots from 35 lots yesterday, while open interest increased to 151 contracts from 126 contracts previously.
The price of physical gold was fixed at US$4,847.25 per troy ounce at the London Bullion Market Association afternoon fix on Feb 5, 2026.
-- BERNAMA