Bursa gold futures fall as COMEX weakens
Trading volume increased to 120 lots from 46 lots, while open interest reached 175 contracts from 103 contracts.
Gold futures traded on Bursa Malaysia Derivatives ended lower on Nov 12, following a decline on the US Commodity Exchange (COMEX). The November 2026 spot-month contract finished at US$3,944.30 per troy ounce, compared with US$4,058.40 at the previous close.
Despite the lower prices, trading activity increased. Volume reached 120 lots, up from 46 lots on Wednesday, and open interest stood at 175 contracts, against 103 contracts previously.
The December 2026 contract ended at US$3,960.00, down from its previous closing price of US$4,074.10. For January 2027, the closing price was US$3,961.10, compared with US$4,075.20 previously.
Three further contracts — February 2027, April 2027 and June 2027 — each finished at US$3,989.00 per troy ounce. All three had previously closed at US$4,075.20.
Separately, the London Bullion Market Association’s afternoon fixing on Nov 11, 2026 put physical gold at US$4,014.00 per troy ounce.
