Kuala Lumpur: The gold futures contract on Bursa Malaysia Derivatives ended higher today as weaker American economic data lifted US interest rate cut expectations. An analyst noted that the market remained cautious ahead of the non-farm payroll (NFP) data scheduled for release on Friday.
According to BERNAMA News Agency, the spot-month June 2025 contract rose to US$3,400.90 per troy ounce from US$3,372.90 yesterday, while the July 2025 contract strengthened to US$3,409.40 from US$3,379.50. The August, September, and October 2025 contracts climbed to US$3,422.90 per troy ounce from US$3,403.10 yesterday.
Trading volume saw a decline to 38 lots from 62 lots on Wednesday, while open interest eased to 62 contracts from 77 contracts. Meanwhile, physical gold was priced at US$3,364.60 per troy ounce, based on the London Bullion Market Association's afternoon fix on June 4.