Search
Close this search box.

Gold Futures Dip Amid US-Iran Peace Talk Uncertainty

Kuala lumpur: Gold futures on Bursa Malaysia Derivatives ended lower on Tuesday, reflecting a softer performance on the US COMEX, as markets considered the implications of US-Iran peace talk prospects following weekend tensions.

According to BERNAMA News Agency, the spot-month April 2026 contract fell to US$4,799.60 per troy ounce from US$4,810.10 at the previous close. The May 2026 contract also saw a decline, closing at US$4,819.60 compared to its previous US$4,830.10 level.

Further declines were observed in the June, July, and August 2026 contracts, which settled at US$4,837.50 per troy ounce, down from US$4,848.60 earlier. Trading volume increased to nine lots from six lots on Monday, with open interest slightly rising to 61 contracts from the previous 60.

Physical gold was fixed at US$4,813.55 per troy ounce at the London Bullion Market Association afternoon fix on April 20, 2026.

Recent News

ADVERTISMENT