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GOLD FUTURES CLOSE HIGHER

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KUALA LUMPUR, The gold futures contract on Bursa Malaysia Derivatives closed higher today.

At the close, spot month July 2024 contract advanced to US$2,350.00 per troy ounce from US$2,336.00 per troy ounce on Tuesday, while August 2024 increased to US$2,366.00 per troy ounce from US$2,352.00 per troy ounce previously.

September 2024, October 2024, December 2024, and February 2024 all rose to US$2,366.00 per troy ounce compared to US$2,352.00 per troy ounce previously.

Volume widened to 25 lots from 11 lots yesterday, while open interest improved to 40 contracts from 24 contracts previously.

The price of physical gold was at US$2,331.75 per troy ounce, according to the London Bullion Market Association’s afternoon fix on July 2.

Source: BERNAMA News Agency

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