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Gold futures closes higher

KUALA LUMPUR: Gold futures contracts on Bursa Malaysia Derivatives ended the day after Christmas higher with five contract months traded.

Spot month December 2014 rose 31 ticks to RM133.50 a gramme, January 2015 added 39 ticks to RM134.65 a gramme, while February 2015 added 12 ticks to RM134.95 a gramme.

Distant month August 2015 inched up two ticks to RM137.55 a gramme, while October 2015 garnered four ticks to settle at RM138.00 a gramme.

Open interest expanded to 3,823 contracts from 3,814 contracts on Wednesday, while turnover increased to 112 lots valued at RM1.40 million from 93 lots worth RM1.20 million previously.

The physical price of gold at 5pm was 12 sen lower at RM128.27 a gramme from RM128.39 a gramme on Wednesday. Bernama

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