Kuala Lumpur: The gold futures contract on Bursa Malaysia Derivatives ended lower as investors engaged in profit-taking following a recent price increase.

According to BERNAMA News Agency, the spot-month January 2025 contract experienced a decline, closing at US$2,689.20 per troy ounce, down from US$2,692.70 per troy ounce last Friday. Similarly, the February 2025 contract eased to US$2,699.10 per troy ounce from its previous close of US$2,703.10.

The March 2025, April 2025, and June 2025 contracts also saw slight declines, with each closing at US$2,706.20 per troy ounce, compared to US$2,707.30 per troy ounce previously. Trading activity showed an increase, with volume rising to 56 lots from 28 lots on Friday, and open interest expanding to 71 contracts from the previous 56 contracts.

According to the London Bullion Market Association's afternoon fix on Jan 10, the physical gold price was noted at US$2,687.45 per troy ounce.