Gold Futures Rise On Continued Safe-haven Demand

KUALA LUMPUR, July 3 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher today, supported by continued investor demand for safe-haven assets and in line with the performance of the US COMEX gold market.

At the close, the spot-month July 2026 contract rose to US$4,183.40 per troy ounce from US$4,078.80 per troy ounce on Thursday. The August 2026 contract increased to US$4,204.00 per troy ounce from US$4,101.10 per troy ounce, while the September 2026 contract rose to US$4,216.90 per troy ounce from US$4,113.90 per troy ounce.

The October 2026 and December 2026 contracts both advanced to US$4,236.00 per troy ounce from US$4,133.00 per troy ounce previously.

Trading volume surged to 310 lots from 181, while open interest rose to 392 contracts from 264 on Thursday.

Meanwhile, physical gold was fixed at US$4,129.20 per troy ounce at the London Bullion Market Association's afternoon fix on July 2, 2026.

-- BERNAMA