KUALA LUMPUR: Gold futures contracts on Bursa Malaysia Derivatives closed lower yesterday on lack of buying support.
July 2014, 12 three ticks to RM132.85 a gramme and October 2014 fell at three ticks to RM133.75, while August 2014 and September 2014 were pegged at RM133.10 and RM133.25, respectively.
The physical gold price was down 77 sen to RM128.03 a gramme from RM129.02.
In London, spot gold fell 0.4 per cent to US$1,299.04 an ounce by 1145GMT.
US gold slid US$5.20 to US$1,299.30, after stop-loss orders were placed below US$1,300 by traders. Agencies