Gold Futures Close Lower Despite Gains On COMEX

KUALA LUMPUR, Nov 2 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Monday, amid firmer performance on the US Commodity Exchange (COMEX).

At the close, the new spot month November 2026 contract slipped to US$3,911.90 per troy ounce from last Friday’s US$4,003, while the December 2026 contract fell to US$3,926.40 from US$4,017.9.

The January 2027, February 2027, April 2027 and June 2027 contracts decreased to US$3,927.50 per troy ounce from US$4,019 at the previous close.

Trading volume decreased to 13 lots from 124 lots last Friday, while open interest rose to 97 contracts from 65 contracts previously.

Physical gold was fixed at US$3,913.25 per troy ounce at the London Bullion Market Association’s afternoon fixing on Oct 30, 2026.

-- BERNAMA