Kuala lumpur: The gold futures contract on Bursa Malaysia Derivatives closed higher on Monday, supported by a softer US dollar amid expectations of a US Federal Reserve rate cut next month.

According to BERNAMA News Agency, the spot-month November 2025 contract rose to US$4,070.6 per troy ounce from US$4,058.20 per troy ounce at Friday's close. The December 2025 contract increased to US$4,087.3 per troy ounce from US$4,076.30 per troy ounce, and the January 2026 contract reached US$4,104.5 per troy ounce from US$4,092.50 per troy ounce previously.

The February, April, and June 2026 contracts also settled higher at US$4,122.3 per troy ounce from US$4,108.90 per troy ounce last Friday. Despite this upward trend, trading volume eased to 34 lots from 109 lots on Friday, and open interest fell to 75 contracts from 150 contracts previously.

Physical gold was priced at US$4,072.85 per troy ounce, according to the London Bullion Market Association afternoon fix on November 21, 2025.