KUALA LUMPUR, The gold futures contract on Bursa Malaysia Derivatives closed higher today, supported by renewed buying interest despite the slightly weaker performance of the US COMEX gold market.

The September 2024 contract rose to US$2,523.70 per troy ounce from US$2,516.30 per troy ounce yesterday. The October 2024, November 2024, December 2024, February 2025, and April 2025 contracts settled higher at US$2,526.00 per troy ounce from US$2,518.60 per troy ounce previously.

The volume went up to eight lots from two lots on Monday, while open interest improved to 36 contracts against 29 contracts previously.

The price of physical gold stood at US$2,498.60 per troy ounce, according to the London Bullion Market Association’s afternoon fix on Sept 2.

Source: BERNAMA News Agency