Gold Futures To Trade Between US$4,500 And US$4,600 Next Week
KUALA LUMPUR, May 16 (Bernama) -- Gold futures on Bursa Malaysia Derivatives could linger between US$4,500 and US$4,600 per troy ounce next week.
| LATEST NEWS | Gold Li Holdings Bhd made its debut on the ACE Market of Bursa Malaysia at 12 sen, a discount of one sen over its IPO price of 13 sen, with 3.09 million shares traded | |
KUALA LUMPUR, May 16 (Bernama) -- Gold futures on Bursa Malaysia Derivatives could linger between US$4,500 and US$4,600 per troy ounce next week.
By Abdul Hamid A Rahman
KUALA LUMPUR, May 15 (Bernama) -- The ringgit closed mostly higher against major currencies after Bank Negara Malaysia announced that Malaysia’s economy expanded by 5.4 per cent in the first quarter of 2026 (1Q 2026), exceeding the advance estimate of 5.3 per cent, driven by robust domestic demand, investment activities and exports.
KUALA LUMPUR, May 15 (Bernama) -- Mobix Labs Inc has signed a non-binding Letter of Intent to acquire Special Project Delivery LLC (SPD), a strategic infrastructure platform focused on building sovereign United States (US) supply chains for rare earth elements, critical minerals, and energy storage.
KUALA LUMPUR, May 15 (Bernama) -- Malaysia’s firm economic prospects and sustained reform momentum are expected to provide enduring support to the ringgit, while external factors will continue to drive exchange rate movements, said Bank Negara Malaysia (BNM).
KUALA LUMPUR, May 14 (Bernama) -- The ringgit opened higher against the US dollar for a seventh straight trading day ahead of the high-stakes meeting between US President Donald Trump and Chinese President Xi Jinping on May 14-15, 2026.
KUALA LUMPUR, May 13 (Bernama) -- The International Construction Week (ICW) Borneo 2026 was officially launched in Kota Kinabalu yesterday, marking the second edition of the regional construction industry event focusing on industry development, technical discussions and engagement with stakeholders in East Malaysia.
KUALA LUMPUR, May 13 (Bernama) -- Hong Kong and New Zealand ranked among the world’s 10 least complex jurisdictions for doing business, supported by stable regulatory environments and strong digital infrastructure, according to TMF Group’s latest Global Business Complexity Index (GBCI).
KUALA LUMPUR, May 13 (Bernama) -- The ringgit opened higher against a basket of major currencies, including the US dollar today, ahead of Malaysia’s first quarter (1Q) gross domestic product (GDP) announcement on Friday.
By Abdul Hamid A Rahman
KUALA LUMPUR, May 12 (Bernama) -- The ringgit closed higher against most major currencies, but eased versus the greenback amid expectations that firmer United States inflation could reinforce the US Federal Reserve’s restrictive monetary policy stance, thereby supporting demand for the US dollar.
SEREMBAN, May 12 (Bernama) -- Industrial development in Negeri Sembilan is now entering a new phase as the state is transitioning from an assembly and support hub to a high-value manufacturing hub, said Deputy Investment, Trade and Industry Minister Sim Tze Tzin.
KUALA LUMPUR, May 12 (Bernama) -- The ringgit opened higher against a basket of major currencies, including the US dollar, ahead of the release of key United States (US) economic data later tonight that could reinforce expectations for the US Federal Reserve (Fed) to keep interest rates unchanged, said an analyst.
By Abdul Hamid A Rahman
KUALA LUMPUR, May 11 (Bernama) -- The ringgit closed higher against regional peers and was firmer versus most major currencies today as investors monitored developments in the United States-Iran negotiations and upcoming US-China talks.