Kuala lumpur: Gold futures on Bursa Malaysia Derivatives are anticipated to remain steady within a limited range in the upcoming week. Prices are expected to mirror the trends in the US COMEX gold market, as traders consider the influence of recent US inflation data along with projections regarding potential adjustments in US interest rates.
According to BERNAMA News Agency, Kenanga Investment Bank Bhd emphasized the crucial role of US inflation cross-checks, suggesting that investors will closely analyze the minutes from the US Federal Open Market Committee (FOMC) for indications of labor market trends while inflation data continues to be vital for rate repricing.
In a week-on-week comparison, the February 2026 contract experienced an increase, reaching US$4,977.30 per troy ounce from US$4,877.9. Similarly, the March 2026 contract rose to US$4,994.30 per troy ounce from US$4,895.4. The April and May 2026 contracts also saw improvements, climbing to US$5,011.90 per troy ounce from US$4,912.20. The June and August 2026 contracts, however, settled lower at US$5,045.80 per troy ounce, compared to the previous US$4,912.2.
Weekly trading volume saw a decrease to 41 lots from 149 lots in the prior week, while open interest expanded to 484 contracts from 151 contracts. Meanwhile, the price of physical gold was set at US$5,043.15 per troy ounce during the London Bullion Market Association afternoon fix on February 12, 2026.