Kuala lumpur: Gold futures on Bursa Malaysia Derivatives registered a decline at the close, attributed to investors reassessing geopolitical risks and inflation concerns linked to the ongoing tensions in West Asia.

According to BERNAMA News Agency, the spot-month May 2026 contract fell to US$4,537.50 per troy ounce from US$4,572.80 per troy ounce recorded on Monday. Similarly, the June 2026 contract saw a decrease, dropping to US$4,554.50 per troy ounce from US$4,589.80 per troy ounce.

The subsequent contracts for July, August, and October 2026 also experienced a downward trend, closing at US$4,68.20 per troy ounce, a decline from the previous US$4,604.00 per troy ounce. This change in futures prices comes amid heightened trading activity, with volume increasing to 13 lots from seven lots on Monday, and open interest rising to 74 contracts from 69 contracts previously.

Physical gold was valued at US$4,506.15 per troy ounce during the London Bullion Market Association's afternoon fix on May 22, 2026. The LBMA remained closed on May 25, 2026, in observance of the UK Spring Bank Holiday.