By Zufazlin Baharuddin
KUALA LUMPUR, Dec 6 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to trade higher next week, supported by expectations of a United States (US) Federal Reserve (Fed) interest rate cut, which keeps investors drawn to the safe-haven asset.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 20 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower today following the release of limited US economic data, with the upside shock immediately pushing December Federal Reserve (Fed) rate-cut odds down from around 50 per cent to roughly 30 per cent.
By Zufazlin Baharuddin
KUALA LUMPUR, Nov 8 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade slightly higher next week, supported by the stabilisation of gold around US$4,000 per troy ounce.
By Zufazlin Baharuddin
KUALA LUMPUR, Nov 4 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower on Tuesday after China cut a tax incentive on retail jewellery purchases over the weekend, said SPI Asset Management managing partner Stephen Innes.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Oct 30 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed lower on Thursday as traders and investors locked in profits following the United States Federal Reserve’s (Fed) latest policy decision, which was seen as a “hawkish cut”.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Oct 28 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives fell on Tuesday as global gold prices eased amid reduced demand for safe-haven assets following easing geopolitical tensions in Asia.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Oct 27 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives fell on Monday as another round of profit-taking hit the market, with signs of easing US-China trade tensions reducing safe-haven demand.
By Abdul Hamid A Rahman
KUALA LUMPUR, Oct 25 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are likely to trade cautiously next week, hovering within a narrow range of US$4,050 to US$4,100 per ounce as market participants reassess positions amid ongoing profit-taking.
KUALA LUMPUR, Oct 22 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended lower today, tracking the sharp overnight decline in global gold prices as investors booked profits following recent gains.
KUALA LUMPUR, Oct 21 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended lower today, tracking the weaker performance of COMEX gold prices.
KUALA LUMPUR, Oct 18 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to see cautious trading next week, with global gold prices pulling back on Friday after hitting an all-time high of about US$4,380 an ounce.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Oct 17 (Bernama) -- The ringgit opened stronger against the US dollar on Friday, lifted by growing expectations of an imminent US interest rate cut and a broader risk-off mood in global markets.
