Gold futures likely to trend higher this week


Phillip Futures Sdn Bhd dealer Jenn Yuan said the movement in gold would be focused on the passage of a US$1.9 trillion economic stimulus package promoted by President Joe Biden’s administration.

KUALA LUMPUR: The gold futures on Bursa Malaysia Derivatives is expected to trend higher this week on improved demand for the precious metal.

Phillip Futures Sdn Bhd dealer Jenn Yuan said the movement in gold would be focused on the passage of a US$1.9 trillion economic stimulus package promoted by President Joe Biden’s administration.

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