Kuala lumpur: Gold futures on Bursa Malaysia Derivatives extended their losing streak to Friday, closing the week lower in line with the US COMEX market as elevated oil prices stoked concerns among traders.

According to BERNAMA News Agency, at the close, the spot-month April 2026 contract fell to US$4,697.70 per troy ounce from US$4,716.50 on Thursday and the May 2026 contract declined to US$4,720.20 per troy ounce from US$4,739.00 yesterday.

The June, July, and August 2026 contracts also settled lower at US$4,735.70 per troy ounce compared with US$4,754.50 previously. Trading volume jumped to 20 lots from six lots yesterday, while open interest rose to 74 contracts from 58 contracts.

Physical gold was fixed at US$4,719.15 per troy ounce at the London Bullion Market Association afternoon fix on April 23, 2026.