Gold rose around one per cent yesterday, recouping some strength after two days of losses as European shares flattened and investors remained jittery ahead of United States jobs data.

Spot gold rose one per cent to US$1,291.65 an ounce by 1207GMT. It hit its lowest since February 11 at US$1,277.29 hit in the previous session.

Gold futures for April delivery appreciated by US$11.40 to US$1,291.40.

In other precious metals, platinum rose 0.8 per cent to US$1,427.49 and palladium gained 1.1 per cent to US$783 an ounce while, silver rose 0.7 per cent to US$19.86. Reuters

Gold futures contract opened higher today on sustained demand for the precious metal.

At 9:40am, April 2014 gained 25 ticks to RM136.60 a gramme, May 2014 rose 26 ticks to RM136.90 a gramme and June 2014 added 39 ticks to RM137.80 a gramme.

Turnover amounted to 10 lots while open interest totalled 978 contracts.

At 9.30am, physical gold was RM1.21 higher at RM131.67 a gramme. -- Bernama

Gold futures contracts opened lower today on lack of buying momentum for the precious metal.

At 9.40am, April 2014 fell seven ticks to RM135.85 a gramme, May 2014 eased two ticks to RM136.30 a gramme and September 2014 lost three ticks to RM136.85 a gramme. June 2014 was flat at RM136.65 a gramme.

Turnover amounted to 25 lots while open interest totalled 1,262 contracts.

At 9:30am, physical gold was 20 sen lower at RM131.22 a gramme.-- Bernama

Gold crept higher yesterday, ahead of a US jobs report but prices were still set for longest weekly losing streak in more than six months as optimism about the US economy boosted the dollar and equities.

Spot gold was up 0.4 per cent to US$1,292.30 (US$1.00 = RM3.27) an ounce by 1145 GMT. It is on track for a third straight week of losses, its longest losing streak since September. It hit a seven-week low of US$1,277.29 on Tuesday.

Gold futures for April delivery rose US$8.90 to US$1,293.40.

Platinum rose 0.3 per cent to US$1,441.99 and palladium was up 0.7 per cent at US$789. Silver was up 0.9 per cent to US$19.95 an ounce. Reuters

Gold futures contract on Bursa Malaysia Derivatives would likely remain bearish next week on lack of positive leads for the precious metals, dealers said.

He said gold futures would remain under pressure as the US dollar and equities market remained strong.

"Gold futures prices were expected to continue its losses as optimism about the US economy had shifted investors' risk appetite from safe haven assets to riskier assets like equities," he added.

On a Friday-to-Friday basis, April 2014 rose 45 sen or nine ticks to RM136.50 a gramme, May 2014 added 40 sen or eight ticks to RM136.70, June 2014 and July 2014 earned 35 sen or seven ticks each to RM136.95 a gramme and RM137.30 a gramme, respectively.

Total volume rose to 3,210 lots, worth RM43.76 million, compared with 2,367 lots, valued at RM32.74 million, traded last week.

Open interest on Friday stood at 1,977 contracts versus 1,117 contracts previously.-- Bernama

Gold futures contract on Bursa Malaysia Derivatives traded higher at mid-day today on continuous demand.

April 2014 rose 12 ticks to RM136.80 a gramme, May 2014 added 17 ticks to RM137.25 a gramme and June 2014 improved 13 ticks to RM137.30 a gramme.

July 2014 stood at RM137.00 a gramme.

Volume totalled 372 lots, while open interest amounted to 2,351 contracts.-- Bernama

Gold rose nearly one per cent yesterday, reaching a 21/2-week high as the dollar dropped after minutes from the Federal Reserve's policy meeting suggested officials will be cautious on increasing interest rates soon.

Spot gold was seen up 0.9 per cent at US$1,323.04 (US$1.00 = RM3.27) by 1154GMT.

US gold futures for June delivery gained 1.4 per cent to a nearly three-week high of US$1,324.30 an ounce.

Among other metals, silver rose two per cent to US$20.25, while platinum touched a high of US$1,456.50 and palladium gained one per cent to US$786.50 an ounce. Reuters

Gold futures contract opened higher today on renewed buying interest for the precious metal.

At 9.30am, April 2014 gained four ticks to RM137.50 a gramme while May 2014 added five ticks for RM137.85 a gramme.

Turnover amounted to 23 lots while open interest totalled 1,862 contracts.

At 9.30am, physical gold was 23 sen higher at RM132.81 a gramme.-- Bernama

Gold jumped to a three-week high yesterday as mounting tensions in Ukraine curbed investor appetite for risk, sending equities lower and boosting bullion's appeal as an insurance asset.

Spot gold rose 0.3 per cent to US$1,322.00 (US$1.00 = RM3.27) at 1203GMT, having earlier touched its highest since March 24 at US$1,329.70. Gold futures for June delivery were up by the same margin to US$1,322.50.

Palladium was up one per cent at US$808.47, on course for its fifth session of gains.

Platinum gained about one per cent to US$1,467.40 and silver fell one per cent to US$19.76. Reuters

Gold futures contract on Bursa Malaysia Derivatives opened higher this morning on continued buying interest for the precious metal.

At 9.34 am, April 2014 gained seven ticks or RM0.35 to RM138.75 a gramme and May 2014 gained two ticks or RM0.10 to RM139.00 a gramme.

June 2014, July 2014, August 2014 and October 2014, however, stood at RM139.15 a gramme, RM139.50 a gramme, RM139.55 a gramme and RM140.05 a gramme, respectively. Turnover amounted to 86 lots while open interest totalled 1,322 contracts. At 9.30 am, physical gold was RM0.11 higher at RM133.98 a gramme. -- Bernama

Gold prices fell more than two per cent yesterday as strength in the dollar following forecast-beating United States retail sales data pushed it through key chart levels while silver hit a 21/2-month low.

Spot gold hit a low of US$1,290.34 (US$1.00 = RM3.27) an ounce and was down 2.6 per cent at US$1,291.40 an ounce at 1246GMT.

This is on track for spot gold's biggest one-day drop since October 1.

Meanwhile, spot palladium was down 2.6 per cent at US$785.50 an ounce, while spot platinum was down 2.4 per cent at US$1,425 an ounce. Reuters

The gold futures contract on Bursa Malaysia Derivatives traded lower at mid-day today on lack of demand.

April 2014 eased three ticks to RM135.70 a gramme, May 2014 declined seven ticks to RM136.00 a gramme, and June 2014 lost 13 ticks to RM136.00 a gramme, while July 2014 stood at RM137.00 a gramme.

Volume totalled 120 lots, while open interest amounted to 1,511 contracts.

Earlier, gold futures contract opened lower today on lack of demand for the precious metal.

At 9:33 am, May 2014 fell five ticks to RM136.10 a gramme and June 2014 eased 13 ticks to RM136.00 a gramme.

April 2014 and July 2014 was flat at RM135.85 a gramme and RM137.00 a gramme, respectively. Turnover amounted to four lots while open interest totalled 1,395 contracts. At 9:30 am, physical gold was RM0.18 lower at RM131.05 a gramme. -- Bernama

Gold near 2½-month lows on equities, fund outflows
http://www.thestar.com.my/Business/Busines...-fund-outflows/

Gold futures contracts opened higher this morning as weaker equities spurred the metal's "safe-haven" appeal, dealers said.

At 9:10am, April 2014 gained 13 ticks to RM137.00 a gramme and May added 13 ticks to RM137.40 a gramme while June 2014 rose five ticks to RM137.20 a gramme.

July 2014, August 2014 and October 2014 were pegged at RM137.00 a gramme, RM137.10 a gramme and RM137.90 a gramme, respectively.

Turnover stood at 20 lots while open interest amounted to 1,636 contracts.

Physical gold was RM1.09 sen higher at RM132.57 a gramme from RM131.48 a gramme last week.-- Bernama

Gold futures contracts opened higher with only one month traded.

At 9.23am, May gained 14 ticks to RM136.20 a gramme, while April 2014, June 2014, July 2014 and August 2014 remained unchanged at RM135.30 a gramme, RM135.70 a gramme, RM135.90 a gramme and RM136.00 a gramme, respectively.

Turnover stood at one lot while open interest amounted to 1,855 contracts.

Physical gold was 92 sen higher at RM131.49 a gramme from RM130.57 a gramme yesterday.-- Bernama

Gold faces second weekly drop on ETF selling
http://www.thestar.com.my/Business/Busines...on-ETF-selling/

Gold futures contract opened lower on lack of demand for the precious metal.

Only two contract months were traded as of 9:.40am.

May 2014 eased eight ticks to RM137.30 a gramme and June 2014 was three ticks lower at RM137.60 a gramme.

Turnover stood at 10 lots while open interest amounted to 3,178 contracts.

As at 9.30am, physical gold eased 58 sen to RM132.45 a gramme from RM133.03 a gramme at 5pm yesterday.-- Bernama

Gold futures contracts opened slightly higher on fresh buying interest for the precious metal.

Only one contract month was traded as of 9:40 am, with May 2014 gaining two ticks to RM136.95 a gramme.

Turnover stood at 33 lots while open interest totalled 3,201 contracts.

As at 9:30am, physical gold eased 25 sen to RM132.36 a gramme from RM132.61 a gramme at 5pm yesterday.-- Bernama

Gold futures contracts opened lower on lack of buying momentum.

At 9:35am, May 2014 eased five ticks to RM133.85 a gramme and June 2014 lost eight ticks to RM133.95 a gramme.

Turnover stood at 112 lots while open interest totalled 3,229 contracts.

As at 9:30am, physical gold was 74 sen easier at RM129.48 a gramme from RM130.22 gramme at 5pm yesterday.-- Bernama

Gold futures contracts opened lower this morning on lack of buying momentum.

Only one contract month was traded as of 9.40 am, with May 2014 declined eight ticks to RM133.75 a gramme.

Turnover was at two lots while open interest totalled 3,178 contracts.

However, the physical gold was higher by six sen to RM129.47 a gramme at 9.30am, from RM129.41 a gramme at 5pm last Friday.-- Bernama