Gold futures remains lower mid-day
FGLD (gold) futures contract remained lower mid-day in sluggish demand on Bursa Malaysia Derivatives.
Investors were still adopting a "wait-and-see" attitude towards
the new contract which was reeling from the lack of market moving news.
Spot month October 2013 fell 164 ticks to end the lunch break at RM134.70 per gramme while December 2013 eased 4 ticks to RM135.30 per gramme.
Volume amounted to 222 lots while open interest at 9.00 am stood at 321 contracts.-- Bernama