Gold Futures End Lower

KUALA LUMPUR, April 2 (Bernama) -- Gold futures on Bursa Malaysia Derivatives settled easier today as uncertainties in the development of the US-Iran war dampened the demand for the precious metal.

At the close, the spot-month April 2026 contract fell to US$4,643.9 per troy ounce from US$4,742.80 per troy ounce yesterday, and the May 2026 contract weakened to US$4,663.2 per troy ounce from US$4,762.10 per troy ounce previously. 

The June, July, and August 2026 contracts also settled slightly higher at US$4,682.50 per troy ounce compared with US$4,782.40 per troy ounce.

Trading volume weakened further to nine lots from 10 lots yesterday, while open interest rose to 57 contracts from 55 contracts.

Physical gold was fixed at US$4,739.0 per troy ounce at the London Bullion Market Association afternoon fix on April 1, 2026. 

-- BERNAMA