KUALA LUMPUR, The gold futures contract on Bursa Malaysia Derivatives ended lower today as the US dollar strengthened ahead of the United States’ inflation data this week.
The September 2024 contract fell to US$2,504.10 per troy ounce from US$2,536.70 per troy ounce last Friday.
The October 2024, November 2024, December 2024, February 2025, and April 2025 contracts all settled lower at US$2,516.40 per troy ounce compared to US$2,539.00 per troy ounce previously.
Volume slid to eight lots from nine lots last Friday, while open interest rose to 53 contracts from 49 contracts previously.
The price of physical gold stood at US$2,506.15 per troy ounce, according to the London Bullion Market Association’s afternoon fix on September 6.
Source: BERNAMA News Agency