LATEST NEWS   Aidilfitri: MoT bans goods and logistics vehicle movement on March 19, 20, 28 and 29 | Global cruide oil prices have exceeded USD100 per barrel, government maintains the subsidised RON95 price at RM1.99 per litre - Finance Ministry | Gas Malaysia to develop Yan LNG terminal after Energy Commission nod | Ringgit edged up to 3.9145/9205 versus US dollar at the close from 3.9155/9200 on Tuesday | Two US Navy ships in Penang on a temporary logistics stopover - Khaled Nordin | 

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Gold Futures Ease Ahead Of Fed Meeting

KUALA LUMPUR, March 18 (Bernama) -- Gold futures on Bursa Malaysia Derivatives slipped at the close today as markets await the decision from the United States Federal Open Market Committee (FOMC) meeting today, coupled with losses in the US COMEX gold market,  

Ringgit Extends Gains Against Greenback Amid Softer Oil Prices

KUALA LUMPUR, March 18 (Bernama) -- The ringgit made further gains today, closing slightly higher against the US dollar amid softer crude oil prices following strategic petroleum reserve (SPR) releases.

Ringgit Closes Higher As Tension In Strait Of Hormuz Eases

By Danni Haizal Danial Donald

KUALA LUMPUR, March 17 (Bernama) -- The ringgit continued its upward momentum on Tuesday, closing higher against the US dollar as news of some ships being allowed safe passage through the Strait of Hormuz eased demand for safe haven assets and lifted regional currencies.

Gold Futures Close Firmer, Tracking US COMEX Gains

By Danni Haizal Danial Donald

KUALA LUMPUR, March 17 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended slightly higher on Tuesday, tracking gains in the US COMEX gold market.

Ringgit Ends Higher Against US Dollar, Other Major Currencies Amid Stable Regional Sentiment

By Danni Haizal Danial Donald

KUALA LUMPUR, March 16 (Bernama) -- The ringgit ended higher against the US dollar and other major currencies at the close on Monday, as the market reflected stabilising regional and global risk sentiment, which pushed the greenback to marginal softness amid easing safe-haven demand. 

Gold Futures Close Softer Ahead Of Fed Meeting

By Danni Haizal Danial Donald

KUALA LUMPUR, March 16 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower on Monday as traders appeared to be cautious ahead that the United States Federal Reserve (Fed) may take a more hawkish stance at its meeting this week. 

Gold Futures Likely To Trade In Wider Range Next Week Amid Oil Market Volatility

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, March 14 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is anticipated to trade within a broader range next week, as the oil market now influences the wider macroeconomic narrative.

Gold Futures Extend Losses As Safe-haven Appeal Eases

KUALA LUMPUR, March 13 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower at Friday’s close as traders and investors are no longer viewing gold purely through a geopolitical safe-haven lens.

Gold Futures End Lower As Oil Prices Surge

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, March 12 (Bernama) -- Gold futures on Bursa Malaysia Derivatives continue to end lower at Thursday's closing after crude oil prices surged past US$100, which pushed short end US yields and the dollar higher.

Gold Futures End Lower Amid Oil Price Recovery, Stronger Dollar

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, March 11 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Wednesday, as the US dollar strengthened and oil prices rebounded, said an analyst.

Crude Oil Retreats From US$100 Per Barrel As G7 Signals Readiness To Release Emergency Reserves

By Siti Radziah Hamzah

KUALA LUMPUR, March 10 (Bernama) -- Oil prices retreated from their highest level since 2022 to below US$100 per barrel on Tuesday after the Group of Seven (G7) signalled its readiness to release emergency reserves, easing some of the market anxiety triggered by the escalating conflict between the United States and Iran. 

Gold Futures Seen To Remain Under Pressure Next Week

KUALA LUMPUR, March 7 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to stay under pressure next week as higher US yields continue along its current trajectory.