Gold futures contracts opened higher this morning on mild buying interest for the precious metal, dealers said.

At 9.30am, March 2014 added 35 ticks to RM142.10 a gramme and April 2014 increased 38 ticks to RM142.55 a gramme.

Turnover stood at 57 lots while open interest amounted to 973 contracts.

Physical gold was RM2.09 higher at RM135.18 gramme.-- Bernama

Gold futures contracts were traded lower this morning on lack of buying interest for the precious metal, dealers said.

At 9:30am, March 2014 was 60 sen or 12 ticks lower at RM140.75 a gramme, April 2014 was 55 sen or 11 ticks easier at RM140.10 a gramme, while May 2014 and June 2014 were untraded and pegged at RM135.25 a gramme each.

Turnover was thin at 16 lots while open interest totalled 1,019 contracts.

Physical gold was 68 sen lower at RM135.81 a gramme. -- Bernama

Gold was flat yesterday as diplomatic efforts to cool the Ukraine crisis depressed demand for assets seen as safe, but the metal found support above US$1,330 (US$1.00 = RM3.29) an ounce from weak United States economic data and ahead of a key employment report.

Spot gold was unchanged at US$1,336.84 an ounce by 1310 GMT, while gold futures for April delivery fell 0.4 per cent to US$1,335.60.

Among other precious metals, platinum was up 0.1 per cent at US$1,475.74 an ounce.

Palladium rose one per cent to US$776.00 an ounce.

Silver fell 0.1 per cent to US$21.14 an ounce. Reuters

Gold edged lower yesterday as investors marked time ahead of a United States jobs report, but the metal was on track for a fifth straight week of gains on support from a weaker dollar and tensions in Ukraine.

Spot gold fell 0.1 per cent at US$1,349.80 (US$1.00 = RM3.29) by 1248GMT.

Gold futures for April delivery fell US$2 to US$1,349.70 an ounce.

Palladium was down 0.4 per cent at US$774 an ounce. Platinum was on track for its second straight weekly gain, up 2.2 per cent. It was unchanged at US$1,476.74. Silver fell 0.5 per cent to US$21.33 an ounce. Reuters

Gold hit 6 mths high
http://www.theedgemalaysia.com/business-ne...na-worries.html

Time to realize profits since reached another high today?
http://www.theedgemalaysia.com/business-ne...ne-worries.html

Considering to liquidate 50% 1st n ride d momentum

Gold futures higher
http://www.theedgemalaysia.com/business-ne...g-interest.html

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

At 9.35am, March 2014 declined 46 ticks to RM143.30 a gramme and April 2014 dropped 43 ticks to RM143.60 a gramme.

Turnover stood at 53 lots while open interest amounted to 982 contracts.

Physical gold was RM2.00 lower at RM138.59 a gramme.-- Bernama

Gold futures contracts opened higher today with one trading month due to demand for the precious metal.

At 9.27am, April 2014 rose 10 ticks to RM142.35 a gramme, March 2014 stood at RM141.70 a gramme, while May and June 2014 stood at RM142.15 a gramme, respectively.

Turnover saw only one lot while open interest totalled 1,421 contracts.

Physical gold was 0.51 sen higher to RM137.10 a gramme.-- Bernama



This post has been edited by wil-i-am: Mar 21 2014, 12:32 PM

The gold futures contracts on Bursa Malaysia Derivatives are expected to remain well bid next week.

Chief economist at IQI Group Shan Saeed said developments in Ukraine's Crimea region and the US Federal Reserve's (Fed) interest rate hike message will keep gold in the limelight going forward.

Shan said regardless of what happens in Crimea next week, gold prices are likely to be one of the few beneficiaries.

"Macro variables, physical demand and geo political factors will continue to impact gold prices," he added.

Meanwhile, Phillip Futures Sdn Bhd dealer Lim Eng Wee, said Bursa’s gold future contract will continue tracking the COMEX gold futures next week. Important levels for the local spot month contracts to check on next week would be the resistance at 143.05 and 144.25 and support at 139.90 and 137.95.

For the week just-ended, physical gold closed at RM137.66 a gramme.

The local gold futures contracts ended the week higher on Friday, as it tracked the COMEX gold futures and amid demand for a safe-haven commodity.

On a Friday-to-Friday basis, March 2014 and April 2014 recovered early losses by 38 ticks to RM142.75 and RM142.90 a gramme respectively, while May 2014 and June 2014 declined by 32 ticks to close at RM143.20 a gramme.

Open interest on Friday stood at 1,620 contracts versus 1,253 contracts previously.

Total volume, however, rose to 2,292 lots, valued at RM30.83 million, against 1,394 lots valued at RM20.0 million.-- Bernama

Gold off 1-month low, but US rate hike worries cap gains
http://www.thestar.com.my/Business/Busines...ries-cap-gains/

Gold fell to its lowest in more than five weeks yesterday as the dollar edged higher on after a top Federal Reserve official reinforced the likelihood of higher United States interest rates in the first half of 2015.

Spot gold, higher initially, hit its lowest since February 14 at US$1,305.50 (US$1.00 = RM3.27) after the Fed's official comments.

It fell 0.1 per cent to US$1,307.79 by 1242GMT. US gold futures fell US$2.60 to US$1,308.50.

Silver rose 0.7 per cent to US$20.02 and platinum gained 0.3 per cent to US$1,426.50. Palladium slipped 1.3 per cent to US$781 an ounce. Reuters

Gold hit a six-week low yesterday, breaking below US$1,300 an ounce for the first time since mid-February.

Selling accelerated as the metal broke through psychological support points on price charts at US$1,300 and its 200-day moving average at US$1,296.

Spot gold was down 0.8 per cent at US$1,292.99 at 1215 GMT, a drop of three per cent so far this week. US gold futures for April delivery were down US$9.40 at US$1,294.00.

Silver was down 0.2 per cent at US$19.64. Spot platinum was down 0.1 per cent at US$1,397.25, while spot palladium was down 2.4 per cent at US$756.75. Reuters

The physical gold price as at 9.30am stood at RM131.99 per gram, down 79 sen from 132.78 as a 5pm from yesterday

Gold futures contracts on Bursa Malaysia Derivatives were lower at lunch break today on lack of demand for the precious metal.

Spot month March 2014 lost 15 ticks to end at RM136.40 a gramme, April 2014 shed 14 ticks to RM136.70 a gramme, May 2014 decreased 13 ticks to RM137.05 a gramme and June 2014 dropped 17 ticks to close at RM137.20 a gramme.

Volume stood at 86 lots while open interest amounted to 925 contracts. -- BERNAMA

Gold futures contracts opened mixed Monday on lack of demand for the precious metal.

At 9.30am, March 2014 was down one tick or half-a-sen to RM136 a gramme, while April 2014 gained two ticks or one sen to RM136.40 a gramme.

Turnover amounted to 41 lots while open interest totalled 750 contracts.

Physical gold was 35 sen lower at RM131.63 a gramme.-- Bernama

Gold was little changed yesterday, trading close to a six-week low and headed for its first monthly decline this year as growing optimism about the United States economy eroded investment interest and encouraged appetite for riskier assets.

Spot gold was up 0.1 per cent at US$1,294.65(US$1.00 = RM3.27) by 1207GMT, having touched US$1,285.34 on Friday. Meanwhile, US gold rose US$1.40 to US$1,295.20.

Among other precious metals, platinum advanced one per cent to US$1,417.64 an ounce and palladium gained 0.8 per cent to US$775.75 an ounce, while silver appreciated 0.8 per cent to US$19.93 an ounce. Reuters

Gold futures contracts opened lower today on lack of buying momentum.

At 9.40am, April 2014 was down 35 ticks to RM134.30 a gramme, while May 2014 lost 30 ticks to RM134.85 a gramme.

Turnover amounted to 61 lots while open interest totalled 627 contracts.

At 9.30am, physical gold was RM1.37 lower at RM129.84 a gramme.-- Bernama

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

At 9.35am, April 2014 gained three ticks to RM135.05 a gramme, while May 2014 also added three ticks to RM135.30 a gramme.

Turnover amounted to 387 lots while open interest totalled 981 contracts.

However, physical gold fell 23 sen lower to RM130.36 a gramme as at 9.30am.-- Bernama