Gold Futures Decline as US COMEX Market Weakens

Kuala lumpur: Gold futures on Bursa Malaysia Derivatives closed lower today, tracking the weaker performance on the United States (US) COMEX market. At the close, the spot-month May 2026 contract decreased to US$4,557.80 per troy ounce from US$4,561.20 per troy ounce on Monday, while the June 2026 contract eased to US$4,574.80 per troy ounce from US$4,578.20 per troy ounce.

According to BERNAMA News Agency, the July 2026, August 2026, and October 2026 contracts all settled lower at US$4,588.80 per troy ounce compared with US$4,592.20 per troy ounce registered yesterday. Trading volume rose to 19 lots from six lots on Monday, while open interest increased to 93 contracts from 86 contracts previously.

Physical gold was fixed at US$4,565.40 per troy ounce at the London Bullion Market Association afternoon fix on May 18, 2026.