Kuala lumpur: Gold futures on Bursa Malaysia Derivatives closed higher, reflecting the firmer COMEX gold prices. This increase was supported by renewed demand for safe-haven assets due to ongoing geopolitical uncertainties.

According to BERNAMA News Agency, the spot-month July 2026 contract rose to US$4,115.60 per troy ounce, up from US$4,064.70 the previous day. The August 2026 contract also increased, reaching US$4,136.20 per troy ounce compared to US$4,085.30 on Wednesday. The September 2026 contract saw an improvement to US$4,149.40 per troy ounce, rising from the previous US$4,098.50.

The October 2026 and December 2026 contracts both experienced gains, closing at US$4,179.90 per troy ounce, up from US$4,129.00 yesterday. Despite these contract gains, the trading volume remained unchanged at 134 lots. However, open interest showed a slight decrease to 204 contracts from the previous 211.

Meanwhile, physical gold was fixed at US$4,066.20 per troy ounce at the London Bullion Market Association's afternoon fix on July 8, 2026.