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Gold futures close higher

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KUALA LUMPUR, The gold futures contract on Bursa Malaysia Derivatives closed higher in line with COMEX gold prices.

At the close, spot month August 2024, September 2024, October 2024, November 2024, December 2024, and February 2025 rose to US$2,465.10 per troy ounce from US$2,433.00 per troy ounce previously.

Volume fell to seven lots from 27 lots on Wednesday, while open interest decreased to 17 contracts from 40 contracts previously.

The price of physical gold stood at US$2,426.30 per troy ounce, according to the London Bullion Market Association’s afternoon fix on July 31.

Source: BERNAMA News Agency

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