Gold Futures Close Lower

KUALA LUMPUR, Nov 11 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Wednesday amid profit-taking following recent gains, despite an uptick on the US Commodity Exchange (COMEX).

At the close, the spot month November 2026 contract slid to US$4,058.40 per troy ounce from Tuesday’s close of US$4,099.20, while the December 2026 contract eased to US$4,074.10 from US$4,114.80.

The January 2027, February 2027, April 2027 and June 2027 contracts decreased to US$4,075.20 per troy ounce from US$4,115.90 at the previous close.

Trading volume fell to 46 lots from 103 lots on Tuesday, while open interest shaved to 103 contracts from 159 contracts.

Physical gold was fixed at US$4,050.90 per troy ounce at the London Bullion Market Association’s afternoon fixing on Nov 10, 2026.

-- BERNAMA