Gold Futures Extend Losing Streak To Fifth Day On Firmer US Dollar

KUALA LUMPUR, April 23 (Bernama) -- Gold futures on Bursa Malaysia Derivatives extended their decline for a fifth consecutive session, mirroring losses in the US COMEX market as a stronger US dollar continued to pressure prices.

At the close, the spot-month April 2026 contract fell to US$4,716.50 per troy ounce from US$4,774.60 previously, and the May 2026 contract declined to US$4,739.0 per troy ounce from US$4,795.60 yesterday.

The June, July, and August 2026 contracts also settled lower at US$4,754.50 per troy ounce compared with US$4,812.10 previously.

Trading volume slipped to six lots from 17 lots on Wednesday, while open interest slid to 58 contracts from 68 contracts yesterday.

Physical gold was fixed at US$4,742.10 per troy ounce at the London Bullion Market Association afternoon fix on April 22, 2026.

-- BERNAMA