Gold Futures Extend Gains, On Track To Hit US$3,800 Level Next Week

By Abdul Hamid A Rahman

KUALA LUMPUR, Sept 27  (Bernama) -- Gold futures on Bursa Malaysia Derivatives may breach the US$3,800 mark next week, underpinned by persistent safe-haven demand and anticipation surrounding key United States labour data.

Gold Futures Ends Higher Amid Fed Rate Cut Expectations

KUALA LUMPUR, Sept 22 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher on Monday, supported by expectations of further interest rate cuts by the United States Federal Reserve (Fed).

Ringgit Eases Against Greenback Ahead Of US Inflation Reports

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 10 (Bernama) -- The ringgit eased against the American dollar at the close on Wednesday as cautious investors took profit after recent gains, ahead of US inflation reports this week.

Gold Futures Likely To Trade Higher Next Week

KUALA LUMPUR, Aug 23 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to trade higher next week, after the United States (US) Federal Reserve chair Jerome Powell signalled a possible interest rate cut in September.

Gold Futures End Lower Ahead Of US Fed Symposium In Jackson Hole

KUALA LUMPUR, Aug 22 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower today ahead of the United States (US) Federal Reserve’s (Fed) Jackson Hole symposium taking place tonight, as traders await signals on the US monetary policy.

Ringgit Rises For Third Day On Softer US Dollar Following Lower-Than-Expected CPI Data

By Siti Noor Afera Abu

KUALA LUMPUR, Aug 13 (Bernama) -- The ringgit extended its gains against the US dollar for the third straight day, as the greenback’s safe-haven status weakened following lower-than-expected US Consumer Price Index (CPI) data for July, which fuelled expectations of a September interest rate cut.

Gold Prices To Rise 10 Pct By September On Possible Fed Rate Cut

KUALA LUMPUR, Aug 8 (Bernama) -- Gold is expected to increase by a further record-breaking 10 per cent in September from the current level of US$3,370 per ounce, driven by expectations that the United States (US) Federal Reserve (Fed) will lower its interest rates.

Gold Futures End Higher On Safe-haven Demand

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Aug 7 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended higher on Thursday, driven by increased demand from investors seeking refuge in the precious metal, said an analyst.

Gold Futures Higher On Weaker US Dollar

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Aug 5 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives continued to close higher on Tuesday following a weaker US dollar, said an analyst.

Gold Futures End Higher On Bursa Amid Shift In US Monetary Policy Expectations

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Aug 4 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher on Monday, supported by a widespread shift in market expectations surrounding United States (US) monetary policy, an analyst said.

Gold Futures Settle Higher On Softer US Dollar, Easing Treasury Yields

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, July 23 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives settled higher on Wednesday, buoyed by a softer US dollar and easing United States (US) Treasury yields, said an analyst.

Gold Futures End Higher Ahead Of EU Tariff Deadline

KUALA LUMPUR, July 21 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher on Monday, driven by safe-haven demand ahead of the Aug 1 deadline for potential new tariffs on the European Union (EU).