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Bursa Malaysia Gold Futures Decline Amid Mild Profit-Taking

Kuala lumpur: Gold futures on Bursa Malaysia Derivatives closed lower on Tuesday due to mild profit-taking, despite gains in the US COMEX gold market. At the close, the spot-month June 2026 contract eased to US$4,016.70 per troy ounce from US$4,049.80, while the July 2026 contract slipped to US$4,032.80 from US$4,064.20 recorded at Monday's close.

According to BERNAMA News Agency, the August 2026 contract fell to US$4,056.20 per troy ounce from US$4,087.00. The September 2026 contract saw a decline to US$4,060.70 from US$4,091.50. Additionally, the October 2026 and December 2026 contracts decreased to US$4,079.80 from US$4,110.60 respectively.

Trading volume showed an increase, rising to 15 lots from one, while open interest climbed to 79 contracts from 66 the previous day. Meanwhile, on the physical gold front, prices were fixed at US$4,026.45 per troy ounce at the London Bullion Market Association afternoon fix on June 29, 2026.

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