Kuala Lumpur: The gold futures contract on Bursa Malaysia Derivatives closed lower today, in line with losses on US COMEX. The spot month May 2025 contract dropped to US$3,174.80 per troy ounce from US$3,240.90, while June 2025 eased to US$3,187.80 from US$3,253.90 at yesterday’s close.

According to BERNAMA News Agency, the July 2025, August 2025, and October 2025 contracts fell to US$3,201.50 per troy ounce from US$3,267.60. The trading volume surged to 567 lots from 213 lots yesterday, while open interest rose to 601 contracts from 234 contracts previously.

The London Bullion Market Association’s afternoon fix on May 14 priced physical gold at US$3,191.95 per troy ounce.