1d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 6 (Bernama) -- Trading of gold futures on Bursa Malaysia Derivatives are expected to remain rangebound next week as traders refrain from aggressively pricing in the United States (US) Federal Reserve (Fed) rate cuts beyond September while awaiting clearer signals from upcoming inflation data.
2d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 4 (Bernama) -- Gold futures on Bursa Malaysia Derivatives retreated on Thursday, initially weighed down by technical traders flagging overbought conditions with the Relative Strength Index (RSI) readings above 70, and then amplified as momentum funds pressed on the downside.
3d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 3 (Bernama) -- Gold futures on Bursa Malaysia Derivatives extended their gains on Wednesday, driven by fiscal concerns in the United States (US), said an analyst.
4d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 2 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed on a record high, breaking above the US$3,500 mark on expectations of a United States (US) interest rate cut and renewed concerns over the Federal Reserve’s independence.
8d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 30 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to trade higher next week ahead of the United States (US) non-farm payrolls report scheduled for next Friday.
8d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 29 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher ahead of the release of the United States (US) Personal Consumption Expenditures (PCE) data later tonight.
9d ago
KUALA LUMPUR, Aug 28 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher today, tracking gains in the US COMEX gold market.
10d ago
KUALA LUMPUR, Aug 27 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher today, tracking the strength in the US COMEX gold market.
11d ago
KUALA LUMPUR, Aug 26 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher on Tuesday as gold prices hit a more than two-week high after US President Donald Trump said he was removing US Federal Reserve governor Lisa Cook, a move seen as eroding the American central bank's independence and undermining confidence in US assets.
12d ago
KUALA LUMPUR, Aug 25 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher today following a weaker US dollar.
15d ago
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.
15d ago
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.