KUALA LUMPUR, Nov 13 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended higher, tracking gains on the US COMEX.
Gold is narrowing its gap with October’s record high on continued bets that the Federal Reserve will embark on a rate cut in December despite few officials at the central bank signalling there will be such a reduction, reported Sputnik/RIA Novosti, today.
The spot month November 2025 contract surged to US$4,235.20 per troy ounce from US$4,136.60 per troy ounce, December 2025 strengthened to US$4,252.40 from US$4,153.80, and January 2026 rose to US$4,271.00 from US$4,172.40 yesterday.
The February, April, and June 2026 contracts also settled higher at US$4,286.90 per troy ounce, up from US$4,188.30 previously.
Trading volume jumped to 47 lots from 27 lots on Wednesday, while open interest was enhanced to 138 contracts from 108 contracts yesterday.
Physical gold was priced at US$4,136.75 per troy ounce, according to the London Bullion Market Association afternoon fix on Nov 11, 2025.
-- BERNAMA
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