Recommend Us | About Us | Back to

News | Financial Calculator | Home Financing | Archived News |


  Welcome to Bernama Banking & Finance Special Page     
Gold futures ends lower
Last update: 11/02/2019

KUALA LUMPUR, Feb 11 (Bernama) -- Gold futures contract on Bursa Malaysia Derivatives closed lower today in line wih the weaker performance on the New York Commodity Exchange (Comex) gold futures market, with only one contract month traded.

Phillip Futures Sdn Bhd dealer Chang Hui Ying said uncertainties, due to renewed concerns over US-China trade tension, which shifted investors’ interest towards the US dollar, was placing pressure on the precious metal.

“This week, the focus will be on the trade talks between Beijing and Washington, slated to kick off on Thursday,” Chang told Bernama.

Spot month February 2019 fell 14 ticks to RM171.30 a gramme while March 2019, April 2019 and May 2019 stood at RM171.30, RM171.60 and RM171.70 a gramme, respectively.

Volume stood at one lot, worth RM17,130, while open interest amounted to 22 contracts.

At 5 pm, the price of physical gold was up 14 sen at RM165.70 per gramme. 



Instill investor confidence to sustain growth, says Wahid Omar
60 pct of SMEs not aware of Islamic finance facilities -- BNM

RAM reaffirms RHB Islamic's AA2/Stable/P1 ratings

Zurich Malaysia relocates insurance, takaful branches to Bukit Damansara
LIAM appoints Mark O' Dell as first CEO

PIDM provides financial consumer protection

S'pore 3.0082/0116
100 Yen3.7013/7050
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?
Not Sure
  Main | News | Insurance

© 2019 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This material may not be published, broadcast, rewritten or redistributed in any form except with the prior written permission of BERNAMA.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