Gold Futures On BMD Close Higher In Line With COMEX Gold Performance

KUALA LUMPUR, April 2 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives (BMD) closed higher on Tuesday, tracking the COMEX gold performance. 

Cautious Aidilfitri Spending Despite Stable Economy, Labour Market

PUTRAJAYA, March 30 (Bernama) -- Economic uncertainty is shaping Malaysians' spending habits this festive season, with consumers adopting a cautious approach despite stable economic conditions.

Bursa Malaysia Extends Uptrend At Midday On Banking, Construction Gains

KUALA LUMPUR, March 27 (Bernama) -- Bursa Malaysia maintained its upbeat momentum at midday, buoyed by buying interest in most heavyweights, particularly banking and construction counters, amid improving market sentiment, analysts said.

Gold Is On Fire; Will The Price Hit US$5,000 By Year-end?

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, March 23 (Bernama) -- Gold price is on fire! The precious metal continues to defy expectations, repeatedly smashing record highs as investors seek refuge from global economic turbulence.

Gold Futures May Experience Near-Term Correction Next Week

By Karina Imran

KUALA LUMPUR, March 22 (Bernama) -- The gold futures market on Bursa Malaysia Derivatives may experience a near-term correction next week as traders are tempted to lock in profits amid record-high prices. 

Jewellery Makers Continue To Shine Despite Soaring Gold Prices

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, March 18 (Bernama) -- Malaysia's jewellery sector remains resilient, with robust demand continuing despite rising gold prices, largely fuelled by deep-rooted cultural appreciation for gold as both a symbol of wealth and a trusted investment or “safe haven” asset.

Gold Futures Likely To Trade Higher Next Week

By Danni Haizal Danial Donald

KUALA LUMPUR, March 15 (Bernama) -- The gold futures market on Bursa Malaysia Derivatives is expected to trade higher next week.

Global Gold Prices Surge To New High, Lifting Bursa Malaysia's Gold Futures

By Danni Haizal Danial Donald

KUALA LUMPUR, March 14 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended strongly on Friday, closely tracking the global gold market’s rally as prices soared to a new all-time high of US$2,990,21 an ounce, said an analyst.

Gold Futures Ends Higher On Trade War Concerns

By Danni Haizal Danial Donald

KUALA LUMPUR, March 13 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher on Thursday as gold prices pushed higher due to trade war concerns ramping up ahead of the United States reciprocal tariff deadline in early April, said an analyst.

Gold Futures End The Week Higher

By Siti Radziah Hamzah

KUALA LUMPUR, March 7 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher on Friday ahead of the release of the US non-farm payrolls (NFP) later today.

Gold Futures End Higher As Demand Rebounds Amid Global Economic Uncertainty

KUALA LUMPUR, March 3 (Bernama) -- Gold futures on Bursa Malaysia Derivatives increased on Monday as demand rebounded amid uncertainty in the global economy, said an analyst. 

Tomei's Net Profit For FY2024 Higher At RM59.5 Mln As More People View Gold As Secure Investment Asset

KUALA LUMPUR, Feb 26 (Bernama) -- Integrated gold jewellery manufacturer and retailer Tomei Consolidated Bhd registered a higher net profit of RM59.50 million for the financial year 2024 (FY2024) versus RM46.43 million in the previous year, primarily driven by higher retail gold prices, which contributed to improved margins.