KUALA LUMPUR, Dec 11 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives continued to be untraded today for the second consecutive trading day on lacklustre demand, a dealer said. 

The New York Commodity Exchange’s (COMEX) gold futures market, however, was firmer as there were market expectations that the US Federal Reserve may slow its interest rate hike trajectory next year, he added.

December 2018, January 2018, February 2018 and March 2018 remained pegged at RM167.00, RM167.00, RM167.10 and RM167.20, respectively. 

Open interest was unchanged from yesterday’s 27 contracts while volume was nil.

At 5 pm, the price of physical gold was 75 sen higher at RM162.44 a gramme. 

-- BERNAMA