Kuala Lumpur:Gold futures on the Bursa Malaysia Derivatives closed lower on Monday, despite a stronger performance on the US Commodity Exchange (COMEX).

According to BERNAMA News Agency, the new spot month November 2026 contract dropped to US$3,911.90 per troy ounce from last Friday's US$4,003. Similarly, the December 2026 contract fell to US$3,926.40 from US$4,017.9.

The contracts for January 2027, February 2027, April 2027, and June 2027 also saw a decrease, settling at US$3,927.50 per troy ounce from the previous close of US$4,019. The trading volume on the exchange decreased significantly to 13 lots from 124 lots last Friday, while open interest increased to 97 contracts from 65 contracts previously.

Physical gold was priced at US$3,913.25 per troy ounce at the London Bullion Market Association's afternoon fixing on October 30, 2026.