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Gold futures close unchanged
Last update: 10/06/2021

By Siti Noor Afera Abu

KUALA LUMPUR, June 10  -- The gold futures contract on Bursa Malaysia Derivatives remained unchanged and untraded today.

Phillip Futures Sdn Bhd dealer Tan Kien Kiong told Bernama that the benchmark US COMEX gold futures market fell, weighed by the US dollar's strength as investors awaited the US inflation data and the European Central Bank’s interest rate decision tonight.

At the close, spot month June 2021 was pegged at RM225.00 a gramme, July 2021 stood at RM230.00 a gramme, while both August 2021 and September 2021 remained at RM255.00 a gramme.

Volume was nil while open interest stood at eight contracts.

At 5 pm, the price of physical gold was down 69 sen to RM241.22 a gramme from RM241.91 per gramme yesterday. 







100 Yen3.7752/7805
Source: Bank Negara Malaysia

Reduction in the overnight policy rate (OPR) by Bank Negara Malaysia would be good for consumer spending and investment;
Not sure
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