MARKET > NEWS

GOLD FUTURES END WEAKER AHEAD OF UPCOMING US ECONOMIC DATA

27/09/2024 07:53 PM

KUALA LUMPUR, Sept 27 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives retreated on Friday, ahead of the United States’ economic data set to be released next week.

The September 2024 gold futures contract fell to US$2,661.60 per troy ounce from US$2,671.50 on Thursday.

Meanwhile, the October 2024, November 2024, December 2024, February 2025 and April 2025 contracts all settled weaker at US$2,675.10 per troy ounce, compared with US$2,684.70 yesterday.

Trading volume increased to 54 lots from 17 lots on Thursday, while open interest widened to 71 contracts from 37 contracts previously.

According to the London Bullion Market Association’s afternoon fix on September 26, the price of physical stood at US$2,663.75 per troy ounce.

-- BERNAMA

 

 


BERNAMA provides up-to-date authentic and comprehensive news and information which are disseminated via BERNAMA Wires; www.bernama.com; BERNAMA TV on Astro 502, unifi TV 631 and MYTV 121 channels and BERNAMA Radio on FM93.9 (Klang Valley), FM107.5 (Johor Bahru), FM107.9 (Kota Kinabalu) and FM100.9 (Kuching) frequencies.

Follow us on social media :
Facebook : @bernamaofficial, @bernamatv, @bernamaradio
Twitter : @bernama.com, @BernamaTV, @bernamaradio
Instagram : @bernamaofficial, @bernamatvofficial, @bernamaradioofficial
TikTok : @bernamaofficial

© 2024 BERNAMA   • Disclaimer   • Privacy Policy   • Security Policy