Business

Gold Futures Seen To Remain Under Pressure Next Week

Kuala lumpur: 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.

According to BERNAMA News Agency, SPI Asset Management managing partner Ste…

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Gold Futures Close Lower As Safe-haven Demand Eases

Kuala lumpur: Gold futures on Bursa Malaysia Derivatives (BMD) settled lower on Thursday despite gains in COMEX gold futures, as shifting market sentiment reduced the urgency for investors to hold the precious metal as a geopolitical hedge.

Accordin…

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Bank Negara Malaysia Maintains OPR At 2.75 Pct

Kuala lumpur: Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has decided to maintain the Overnight Policy Rate (OPR) at 2.75 per cent during its meeting today. The central bank stated that this rate level is considered appropriate and su…

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