Gold Futures Close Lower, Tracking Weaker US COMEX
KUALA LUMPUR, May 20 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower today, tracking weaker performance on the United States (US) COMEX market.
KUALA LUMPUR, May 20 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower today, tracking weaker performance on the United States (US) COMEX market.
By Harizah Hanim Mohamed
KUALA LUMPUR, May 20 (Bernama) -- The ringgit firmed against the US dollar as market sentiment improved on the back of Malaysia’s trade performance, which rose 28.6 per cent year-on-year (y-o-y) to a record RM336.73 billion in April 2026.
KUALA LUMPUR, May 20 (Bernama) -- Precious metals such as gold and silver continue to play an important role as an investment strategy for hedging against uncertain economic situations, even though the inverse correlation between currencies and gold movements has changed, especially over the past three years.
KUALA LUMPUR, May 20 (Bernama) -- Bursa Malaysia stayed lower at midday in line with the weaker regional performance.
KUALA LUMPUR, May 20 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures opened lower on Bursa Malaysia Derivatives today in line with the underlying cash market.
KUALA LUMPUR, May 20 (Bernama) -- Bursa Malaysia opened lower today, tracking Wall Street’s weaker performance overnight as bond yields soared over concerns that recent high inflationary data may force the US Federal Reserve to hike rates.
KUALA LUMPUR, May 19 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower today, tracking weaker performance on the United States (US) COMEX market.
KUALA LUMPUR, May 19 (Bernama) -- The ringgit ended mostly higher against major currencies but eased against the US dollar on Tuesday as market participants await further developments in West Asia negotiations between the United States (US) and Iran.
KUALA LUMPUR, May 19 (Bernama) -- Bursa Malaysia ended marginally lower on Tuesday as investors adopted a more defensive stance amid escalating geopolitical tensions and softer regional risk sentiment.
KUALA LUMPUR, May 19 (Bernama) -- Bursa Malaysia stayed marginally higher at mid-afternoon due to buying activities in selected heavyweights led by the consumer products and services, utilities and construction sectors.
KUALA LUMPUR, May 19 (Bernama) -- Bursa Malaysia turned marginally higher at midday, buoyed by buying interest in selected heavyweights, led by consumer products and services, financial services and utilities counters.
KUALA LUMPUR, May 19 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures opened higher on Bursa Malaysia Derivatives today.