By Harizah Hanim Mohamed
KUALA LUMPUR, Oct 15 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher for the third consecutive day on Wednesday, as investors, almost certain of a US rate cut this month and expecting another in December, turned to the safe-haven asset.
The spot-month October 2025 contract rose to US$4,216.30 per troy ounce from US$4,146.90 at yesterday’s close, the November 2025 contract increased to US$4,231.50 per troy ounce from US$4,162.10, and the December 2025 contract climbed to US$4,247.50 per troy ounce compared to US$4,178.10 previously.
The January 2026 contract strengthened to US$4,264.50 per troy ounce from US$4,195.10 yesterday, while the February 2026, April 2026, and June 2026 contracts all settled higher at US$4,281.0 per troy ounce versus US$4,211.6 previously.
Trading volume increased to 577 lots from 477 lots on Tuesday, while open interest widened to 622 contracts from 533 contracts.
The physical gold price was US$4,126.30 per troy ounce based on the London Bullion Market Association’s afternoon fix on Oct 14, 2025.
Globally, gold hit a fresh all-time high at US$4,218 per troy ounce earlier in the day.
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