KUALA LUMPUR: Gold futures on Bursa Malaysia Derivatives are likely to trade higher this week, tracking gains in US Commodity Exchange (Comex) gold, as investors position ahead of key economic data. RHB Research said in a note last Friday that Comex gold is likely to make a renewed attempt to break above resistance at US$4,400 per troy ounce. Market attention this week will turn to the US third-quarter gross domestic product data, due tomorrow. On a week-on-week basis, the spot-month December contract edged up to US$4,331.30 per troy ounce from US$4,324.50 previously. The January 2026 contract rose to US$4,349 per troy ounce from US$4,341.40 a week earlier.
