KUALA LUMPUR: Gold futures contracts ended mostly lower yesterday on lack of market-moving news, said Philip Futures dealer Ahmad Danial Zainudin.
He said traders squared off their positions ahead of a referendum on Swiss central bank gold holdings, the strengthening of US dollar in the global market and weaker crude oil prices.
At the close, November 2014 added three ticks to RM128.80 a gramme while December 2014, January 2015 and February 2015 all eased three ticks to RM128.85, RM129.10 and RM129.40 a gramme, respectively.
Open interests rose to 2,148 contracts from 2,041 contracts on Thursday while turnover went up to 218 lots worth RM2.82 million from 108 lots worth RM1.8 million.
At 5 pm, the physical price of gold was 36 sen higher at RM124.60 a gramme from RM124.24 a gramme previously. Bernama