Recommend Us | About Us | Back to Bernama.com

News | Financial Calculator | Home Financing | Archived News |

 

  Welcome to Bernama Banking & Finance Special Page     
 
Gold futures end higher
Last update: 14/09/2018

''

KUALA LUMPUR, Sept 14 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended higher today, tracking the uptrend in the New York Commodity Exchange’s (COMEX) gold market as the US dollar eased after the release of weak US inflation data.

Phillip Futures Sdn Bhd Derivative Dealer Ong Su Ling said, however, the gain in gold prices was limited as market players expected the US Federal Reserve to raise its interest rate later this month. 

"In the physical market, gold buying in major Asian centres, India and China, have slowed down as bullion prices rebounded from recent lows," she told Bernama. 

At the close, September 2018, October 2018, November 2018 and December 2018 all increased 14 ticks to RM161.20, RM161.20, RM161.20 and RM161.40 a gramme, respectively. 

Turnover fell to one lot worth RM16,120 from four lots worth RM48,360 on Thursday, while open interest declined to 25 contracts from 29 contracts yesterday.  

At 5 pm, the price of physical gold fell 26 sen to RM155.25 a gramme from RM155.51 a gramme yesterday.

-- BERNAMA

 


 <Back>

Bank Muamalat manages more than RM20 million in waqf fund
No need for Islamic banks consolidation now, says banker

 
Technology will not take over human jobs

5 LIAM CEOs conferred prestigious MII Fellowship
2019 Budget is a caring budget - LIAM

 
AmMetLife, Mydin announce first iMeriah recipient

MIDDAY, MONDAY, NOV 19
US4.1890/1930
S'pore3.0485/0519
100 Yen3.7160/7205
Sterling5.3766/3826
Euro4.7776/7825
Source: Bank Negara Malaysia

Starting April the banks have imposed a 50 sen processing fee on top of the 15 sen stamp duty on each cheque. The fee also applies to those applying for a Banker’s Cheque, Bank Draft and Cashier’s Order. Do you think this additional charge is justified?
Yes
No
Not Sure
 
  Main | News | Insurance

© 2018 BERNAMA. All Rights Reserved. Disclaimer | Privacy Policy| Security Policy
This material may not be published, broadcast, rewritten or redistributed in any form except with the prior written permission of BERNAMA.
Best viewed in Firefox 8.0 & Internet Explorer 8.0 with 1024 x 768 resolution