KUALA LUMPUR: Gold futures on Bursa Malaysia Derivatives closed higher today, supported by increased investor interest and a softer US dollar, which made the precious metal more attractive to international buyers.
The benchmark spot-month contract for June 2025 rose to US$3,347.80 per troy ounce, up from US$3,339.50 on Tuesday. The July 2025 contract also recorded gains, settling at US$3,356.30 per troy ounce compared with US$3,348.00 previously.
Further along the curve, the August, September and October 2025 contracts all posted improvements, with prices climbing to US$3,375.80 per troy ounce from US$3,365.30.
Despite the uptick in prices, trading volume slipped to 38 lots, compared to 54 lots recorded in the previous session. Open interest, however, inched up marginally to 84 contracts, from 83 a day earlier.
Meanwhile, the London Bullion Market Association (LBMA) reported the physical gold price at US$3,337.70 per troy ounce in its afternoon fix on 10 June.
-Bernama
