Gold fell yesterday as a stock market rally diverted some buying interest from the metal, and as a report that the German central bank would back monetary easing measures drove the dollar higher against the euro.

Spot gold was down 0.4 per cent at US$1,290.50 an ounce at 1140GMT, while US gold futures for June delivery were down US$5.20 an ounce at US$1,290.60.

The metal is still up seven per cent this year due mainly to a strong first quarter, with prices little changed from the beginning of April.

It has been caught in a range between US$1,285 and US$1,315 since the middle of last month.

Among other precious metals, silver was down 0.6 per cent at US$19.41, while spot platinum was up 0.5 per cent at US$1,439.25 and spot palladium was up 0.4 per cent at US$805.80 an ounce. Reuters

Gold futures contract opened lower this morning on lack of buying interest.

At 9.35am, May 2014 fell 21 ticks to RM134.50 a gramme and June 2014 shed 17 ticks to RM135.05 a gramme.

Turnover stood at 31 lots while open interest totalled 3,068 contracts.

At 9.30am, physical gold lost 52 sen to RM130.29 a gramme from RM130.81 a gramme at 5pm yesterday.-- Bernama

Gold futures contract opened slightly lower on low demand for the precious metal.

At 9.50am, May 2014 lost 12 ticks to RM133.70 a gramme and June 2014 eased nine ticks to RM134.00 a gramme.

Turnover amounted to 35 lots while open interest totalled 2,641 contracts. At 9.30am, physical gold was down six sen at RM129.26 a gramme.-- Bernama

Gold futures contract on Bursa Malaysia Derivatives' looks uncertain for next week despite optimism that the precious metal could break-out in the near-term, a dealer said.

Phillip Futures Sdn Bhd dealer Azim Faris Ab Rahim said gold prices were expected to break-out soon as the market had consolidated for quite some time.

On a Friday-to-Friday basis, spot month May 2014 improved two ticks to RM134.25 a gramme, while June 2014, July 2014 and August 2014 gained six ticks each to close at RM134.70 a gramme, RM134.95 a gramme and RM135.05 a gramme, respectively.

Total volume rose to 1,718 lots, valued at RM23.94 million ,from 1,436 lots, valued at RM19.38 million, in the previous week.

Open interest on Friday stood at 2,710 contracts versus 3,261 contracts recorded previously.-- Bernama

Gold futures contract was unchanged at 9:50am.

May 2014, June 2014, July 2014 and August 2014 all stood at RM133.55, RM133.50, RM133.75 and RM133.85, for a gramme, respectively.

Open interest totalled 2,479 contracts.

Physical gold edged down six sen to RM128.96 a gramme as at 9.30am.-- Bernama

Gold futures contract opened lower this morning as strong US economic data eroded gold's "safe-haven" appeal at overseas' markets.

At 10am, contracts for May 2014, June 2014 and July 2014 at Bursa Malaysia Derivatives shed 35 ticks to RM132.85, RM133.00 and RM133.25 a gramme, respectively.

August 2014 declined 32 ticks to RM133.35 a gramme.

The turnover this morning was 365 lots while open interest totalled 2,958 contracts.

At 9.30am, physical gold lost RM1.67 to RM126.77 a gramme from RM128.44 a gramme at 5pm yesterday.-- Bernama

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

At 10am, June 2014 was six ticks better at RM130.10 a gramme and July 2014 gained 10 ticks to RM130.55 a gramme.

Turnover stood at 10 lots while open interest totalled 3,295 contracts.

At 9.30am, physical gold was up 53 sen at RM125.97 a gramme.-- Bernama

Wat is yo buy price as m keen to top up once it trades < RM130/g?

Oredy request RM to monitor d rate for me

U should have open when it was trading around 132+/-

Gold steady near 4-month high
http://www.thestar.com.my/Business/Busines...r-4-month-high/