Gold Futures Close Higher On Safe-haven Demand

KUALA LUMPUR, Nov 10 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher on Tuesday, supported by safe-haven demand despite weaker performance on the US Commodity Exchange (COMEX).

At the close, the spot month November 2026 contract rose to US$4,099.20 per troy ounce from last Friday’s close of US$4,087.60, while the December 2026 contract climbed to US$4,114.80 from US$4,103.20.

The January 2027, February 2027, April 2027 and June 2027 contracts increased to US$4,115.90 per troy ounce from US$4,104.30 at the previous close.

Trading volume remained unchanged at 103 contracts, while open interest declined to 159 contracts from 177 contracts.

Physical gold was fixed at US$4,117.00 per troy ounce at the London Bullion Market Association’s afternoon fixing on Nov 9, 2026.

-- BERNAMA