Gold Futures Close Lower, Tracking Weaker US COMEX

KUALA LUMPUR, May 20 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower today, tracking weaker performance on the United States (US) COMEX market.

At the close, the spot-month May 2026 contract fell to US$4,490.30 per troy ounce from US$4,557.80 per troy ounce on Tuesday, and the June 2026 contract eased to US$4,507.30 per troy ounce from US$4,574.80 per troy ounce.

The July 2026, August 2026 and October 2026 contracts all settled lower at US$4,521.30 per troy ounce from US$4,588.80 per troy ounce registered yesterday.

Trading volume rose to 45 lots from 19 lots yesterday, while open interest increased to 120 contracts from 93 contracts previously.

Physical gold was fixed at US$4,496.70 per troy ounce at the London Bullion Market Association afternoon fix on May 18, 2026.

-- BERNAMA