Trending News: Number Of Flood Victims In Kedah Falls, Situation Stays In Perak This MorningCPO Futures Ends Higher For Fifth Consecutive Day, Weighed Down By Strong RinggitMagistrate’s Order Barring Siti Kasim From 2022 Rally Is Legal, High Court RulesBursa Malaysia Opens Higher, Tracking Wall Street’s Overnight PerformanceBudget 2025: Higher Allocation Needed, Free-Up Bottleneck UD56 – MMAGISBH: ABIM HELWA Supports MOE’s Move To Ensure Continued Education Of Affected ChildrenMahkota By-Election : 95.45 Pct Of Early Voters Fulfill Their Duty – ECChampioning Education For Marginalised Children In SabahAADK To Take Firm Stance On Staff Misconduct Following EAIC ReportRinggit Opens Higher Vs US Dollar, Revisits RM4.19 LevelFirdaus ‘Adik’ Just Wants To Repay Mother’s SacrificesMCMC Microsoft AI TEACH Programme Makes Its Mark In PenangSarawak’s Ahmad Bashirun Overcomes Adversity To Win Gold In Para SUKMAParliamentarian Roles Go Beyond Law-Making In Today’s Fast-Paced WorldGold Futures Rise On Optimism For More US Rate Cuts, Chinese StimulusStocks sustain gains, peso weakensSarawak’s Transport Master Plan 2025-2040 Aims To Meet State Evolving NeedsDHSUD-Cordillera’s 2K housing units target on trackKelantan PTPTN Allocates RM4.28 Million For Loan Advance Benefiting 2,853 StudentsAlice Guo relents to Senate executive session, says she’s a victimKedah Police Urge Public To Take And Share Photos Of Illegally Modified VehiclesDepEd 2025 budget hurdles House plenary scrutinyDr Roland Denies Instilling Fear About Pfizer VaccineNew anti-smuggling law to boost farmers, fisherfolk income: EscuderoMBS Issues Compounds, Seizes Items From GISBH Business Premises In Seremban 2NegOr police seize P1.5-M shabu, nab thousands in anti-crime sweepNeed For Coordinated Efforts To Eradicate Deviant Trends – PM AnwarCHED grants 3-year autonomous, deregulated status to 92 HEIsAppeals Court Upholds Jail Term, Whipping On Man Charged With Raping Disabled DaughterNDA boosts agri efforts via youth educationPPS Closed As Floodwaters Fully Recede In Perak4PH program targets to build over 10K housing units in IlocosAbuse Of Tourist Visas Key Factor In KLIA ‘counter Setting’ ActivitiesDOST chief thanks admin for hike in R&D budgetNizra Industries Partners With Turkey’s Çukurova Defence To Develop Advanced Tactical ChassisC. Visayas LGUs urged to pass protected areas conservation ordinancePSS Strategic Plan Approved To Promote Healthy Lifestyle Among Public ServantsNograles vows to further improve civil service after CSC budget OK’dKEDA Allocates RM115,000 To Provide Food Baskets For Flood VictimsSeized counterfeit products reach over P35-B in Jan.-Sept.Para SUKMA: Switching From Athletics To Bowling 11 Years Ago A Perfect Choice For Success – AzuanPrivate sector boosts gov’t effort to clear C. Visayas housing backlogKPDN Reviewing Registration Of GISBH And Subsidiaries – ArmizanChinese military chopper tailing BFAR aircraft unprofessional – NavyAhmad Shahmim Blitzes National Record Twice En Route To Powerlifting GoldsW. Visayas LGUs urged to update comprehensive land use plansLHDN Receives Over 34 Mln e-Invoices, Showing Strong Support From TaxpayersHouse approves OP, OPAPRU budget for 2025Ex-wife, Stepbrother Claim Trial To Murdering E-hailing DriverDisaster-hit families in Region 11 receive PHP 3.2-M in shelter aidNga Urges Malaysians To Unite For Economic Growth And ProsperityMarcos sees rice prices going down furtherSultan Nazrin Opens Menara SSM PerakRomualdez on improved ratings: I will continue to work hard2025 Selangor Budget To Be Tabled In Mid-November, Says MBHouse defers debates on DOH budget due to inaction, lack of plansBursa Malaysia Higher At Midday On China’s Stimulus SupportDFA: No Filipino hurt in Lebanon; many opt to stayPM Anwar Extends Special Cash Aid To 202 Families Affected By Penang FloodsVillage chief, son killed in Ilocos SurSIMP Scheme: RM10,599,260 Ex-gratia Paid To Fishermen So FarSouthern Leyte bay gets patrol boats to enhance law enforcementVietnamese leader meets with members of Vietnam Innovation Network in USVoyeur, baby seller nabbed by policeWoman’s 7-year Battle Ends As Adopted Daughter Finally Receives Identity CardUN concerned on raid, shutdown of Al Jazeera’s West Bank officePolytechnics Must Offer Relevant, Innovative Courses – JPPKK DGGov’t projects 2.9% to 3.1% inflation rate in 2025GSK’s Arexvy Vaccine For RSV Approved In MalaysiaOver 4K housing units await low-income families in Eastern VisayasKDN To Provide Task Force Report On Pastor Koh’s Disappearance To Family, Legal Team Without WatermarkMore Chinese ships spotted in WPS for 1-week periodSultan Of Selangor Has Called For Swift Action On GISBH Issue – AmirudinPara SUKMA: Whopping 78 Gold Medals Up For Grabs TomorrowMalaysia And Indonesia Discuss Cooperation In MSME And Cooperative DevelopmentPara SUKMA: Bonnie’s Success Inspires Brother Bryan To Record-Breaking ShowMan Charged With Killing His Father Ordered To Defend HimselfGov’t plans to buy 600K doses of ASF vaccines before yearendConstruction worker yields P1.02-M shabu in Zambo anti-drug opBursa Malaysia Ends Higher As China’s Stimulus Measures Lift Regional Sentiment53 LGUs assessed for good governance seal in E. VisayasEXIM Bank Unveils RM1.5 Bln Green Initiative For Sustainable Financing By 2027DBM OKs 175 new plantilla positions for MSUFisheries Dept Accelerates Digitalisation Services To Reduce Red TapeTop leader meets IMF Managing DirectorMahkota By-election Early Voting Concludes, Polling Centres Closed At 5 PMVietnamese top leader holds meetings with world leadersApplications For BUDI Agri-Komoditi Still Low – JohariHCM City, Chongqing promote cooperation in New Land – Sea Trade CorridorJennyla Overcomes Cynical Views , To Win First Para SUKMA GoldVietnam attends 16th ASOSAI Assembly in India2024 SPMU Results Out On Oct 1Vietnam, Russia to enhance strategic ties in education, sci-tech, innovationCase Of Five Family Members Of Ulu Tiram Assailant Transferred To Kuala Lumpur High CourtForum promotes Vietnam – France economic, trade exchangeMOE Mobilises Two Support Teams To Assist Students Stranded At PPSDeputy PM stresses four priorities of China – ASEAN cooperationMMEA Personnel Must Cultivate A Culture Of Leadership, Accountability- Mohd RosliVietnam prioritises relations with China: Deputy PMNGOs Ready To Assist GISBH Victims As Authorities Continue Probe
Wed. Sep 25th, 2024
Trending News: Number Of Flood Victims In Kedah Falls, Situation Stays In Perak This MorningCPO Futures Ends Higher For Fifth Consecutive Day, Weighed Down By Strong RinggitMagistrate’s Order Barring Siti Kasim From 2022 Rally Is Legal, High Court RulesBursa Malaysia Opens Higher, Tracking Wall Street’s Overnight PerformanceBudget 2025: Higher Allocation Needed, Free-Up Bottleneck UD56 – MMAGISBH: ABIM HELWA Supports MOE’s Move To Ensure Continued Education Of Affected ChildrenMahkota By-Election : 95.45 Pct Of Early Voters Fulfill Their Duty – ECChampioning Education For Marginalised Children In SabahAADK To Take Firm Stance On Staff Misconduct Following EAIC ReportRinggit Opens Higher Vs US Dollar, Revisits RM4.19 LevelFirdaus ‘Adik’ Just Wants To Repay Mother’s SacrificesMCMC Microsoft AI TEACH Programme Makes Its Mark In PenangSarawak’s Ahmad Bashirun Overcomes Adversity To Win Gold In Para SUKMAParliamentarian Roles Go Beyond Law-Making In Today’s Fast-Paced WorldGold Futures Rise On Optimism For More US Rate Cuts, Chinese StimulusStocks sustain gains, peso weakensSarawak’s Transport Master Plan 2025-2040 Aims To Meet State Evolving NeedsDHSUD-Cordillera’s 2K housing units target on trackKelantan PTPTN Allocates RM4.28 Million For Loan Advance Benefiting 2,853 StudentsAlice Guo relents to Senate executive session, says she’s a victimKedah Police Urge Public To Take And Share Photos Of Illegally Modified VehiclesDepEd 2025 budget hurdles House plenary scrutinyDr Roland Denies Instilling Fear About Pfizer VaccineNew anti-smuggling law to boost farmers, fisherfolk income: EscuderoMBS Issues Compounds, Seizes Items From GISBH Business Premises In Seremban 2NegOr police seize P1.5-M shabu, nab thousands in anti-crime sweepNeed For Coordinated Efforts To Eradicate Deviant Trends – PM AnwarCHED grants 3-year autonomous, deregulated status to 92 HEIsAppeals Court Upholds Jail Term, Whipping On Man Charged With Raping Disabled DaughterNDA boosts agri efforts via youth educationPPS Closed As Floodwaters Fully Recede In Perak4PH program targets to build over 10K housing units in IlocosAbuse Of Tourist Visas Key Factor In KLIA ‘counter Setting’ ActivitiesDOST chief thanks admin for hike in R&D budgetNizra Industries Partners With Turkey’s Çukurova Defence To Develop Advanced Tactical ChassisC. Visayas LGUs urged to pass protected areas conservation ordinancePSS Strategic Plan Approved To Promote Healthy Lifestyle Among Public ServantsNograles vows to further improve civil service after CSC budget OK’dKEDA Allocates RM115,000 To Provide Food Baskets For Flood VictimsSeized counterfeit products reach over P35-B in Jan.-Sept.Para SUKMA: Switching From Athletics To Bowling 11 Years Ago A Perfect Choice For Success – AzuanPrivate sector boosts gov’t effort to clear C. Visayas housing backlogKPDN Reviewing Registration Of GISBH And Subsidiaries – ArmizanChinese military chopper tailing BFAR aircraft unprofessional – NavyAhmad Shahmim Blitzes National Record Twice En Route To Powerlifting GoldsW. Visayas LGUs urged to update comprehensive land use plansLHDN Receives Over 34 Mln e-Invoices, Showing Strong Support From TaxpayersHouse approves OP, OPAPRU budget for 2025Ex-wife, Stepbrother Claim Trial To Murdering E-hailing DriverDisaster-hit families in Region 11 receive PHP 3.2-M in shelter aidNga Urges Malaysians To Unite For Economic Growth And ProsperityMarcos sees rice prices going down furtherSultan Nazrin Opens Menara SSM PerakRomualdez on improved ratings: I will continue to work hard2025 Selangor Budget To Be Tabled In Mid-November, Says MBHouse defers debates on DOH budget due to inaction, lack of plansBursa Malaysia Higher At Midday On China’s Stimulus SupportDFA: No Filipino hurt in Lebanon; many opt to stayPM Anwar Extends Special Cash Aid To 202 Families Affected By Penang FloodsVillage chief, son killed in Ilocos SurSIMP Scheme: RM10,599,260 Ex-gratia Paid To Fishermen So FarSouthern Leyte bay gets patrol boats to enhance law enforcementVietnamese leader meets with members of Vietnam Innovation Network in USVoyeur, baby seller nabbed by policeWoman’s 7-year Battle Ends As Adopted Daughter Finally Receives Identity CardUN concerned on raid, shutdown of Al Jazeera’s West Bank officePolytechnics Must Offer Relevant, Innovative Courses – JPPKK DGGov’t projects 2.9% to 3.1% inflation rate in 2025GSK’s Arexvy Vaccine For RSV Approved In MalaysiaOver 4K housing units await low-income families in Eastern VisayasKDN To Provide Task Force Report On Pastor Koh’s Disappearance To Family, Legal Team Without WatermarkMore Chinese ships spotted in WPS for 1-week periodSultan Of Selangor Has Called For Swift Action On GISBH Issue – AmirudinPara SUKMA: Whopping 78 Gold Medals Up For Grabs TomorrowMalaysia And Indonesia Discuss Cooperation In MSME And Cooperative DevelopmentPara SUKMA: Bonnie’s Success Inspires Brother Bryan To Record-Breaking ShowMan Charged With Killing His Father Ordered To Defend HimselfGov’t plans to buy 600K doses of ASF vaccines before yearendConstruction worker yields P1.02-M shabu in Zambo anti-drug opBursa Malaysia Ends Higher As China’s Stimulus Measures Lift Regional Sentiment53 LGUs assessed for good governance seal in E. VisayasEXIM Bank Unveils RM1.5 Bln Green Initiative For Sustainable Financing By 2027DBM OKs 175 new plantilla positions for MSUFisheries Dept Accelerates Digitalisation Services To Reduce Red TapeTop leader meets IMF Managing DirectorMahkota By-election Early Voting Concludes, Polling Centres Closed At 5 PMVietnamese top leader holds meetings with world leadersApplications For BUDI Agri-Komoditi Still Low – JohariHCM City, Chongqing promote cooperation in New Land – Sea Trade CorridorJennyla Overcomes Cynical Views , To Win First Para SUKMA GoldVietnam attends 16th ASOSAI Assembly in India2024 SPMU Results Out On Oct 1Vietnam, Russia to enhance strategic ties in education, sci-tech, innovationCase Of Five Family Members Of Ulu Tiram Assailant Transferred To Kuala Lumpur High CourtForum promotes Vietnam – France economic, trade exchangeMOE Mobilises Two Support Teams To Assist Students Stranded At PPSDeputy PM stresses four priorities of China – ASEAN cooperationMMEA Personnel Must Cultivate A Culture Of Leadership, Accountability- Mohd RosliVietnam prioritises relations with China: Deputy PMNGOs Ready To Assist GISBH Victims As Authorities Continue Probe
Wed. Sep 25th, 2024

Gold Futures Rise On Optimism For More US Rate Cuts, Chinese Stimulus

KUALA LUMPUR, The gold futures contract on Bursa Malaysia Derivatives closed higher on Tuesday due to heightened demand, driven by investors’ hopes of further rate cuts by the United States Federal Reserve and economic stimulus measures from China.

The September 2024 gold futures contract rose to US$2,632.70 per troy ounce, up from US$2,624.50 on Monday.

Meanwhile, the October 2024, November 2024, December 2024, February 2025 and April 2025 contracts all settled higher at US$2,645.70 per troy ounce, compared with US$2,637.30 per troy ounce previously.

Trading volume fell to eight lots from 13 lots yesterday, while open interest rose to 49 contracts from 45 contracts previously.

According to the London Bullion Market Association’s afternoon fix on September 23, the price of physical stood at US$2,629.95 per troy ounce.

Source: BERNAMA News Agency

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