Day: August 29, 2024

KUALA LUMPUR, The gold futures contract on Bursa Malaysia Derivatives closed higher on Thursday. The August 2024 contract rose to US$2,535.60 per troy ounce from Wednesday’s US$2,520.90 per troy ounce, while September 2024 increased to US$2,539.30 from US$2,524.60. The October 2024, November 2024, December 2024, and February 2025 contracts all settled higher at US$2,541.60 per troy ounce from US$2,526.90 per troy ounce yesterday. Volume went up to 36 lots from 11 lots yesterday, while open interest grew to 77 contracts from 52 contracts previously. The price of physical gold stood at US$2,505.25 per troy ounce, according to the London Bullion

SEREMBAN, A Form Two male student, who was reported missing from a school in Sikamat since noon yesterday, was found at a barber shop in Taman Widuri Senawang here last night. Seremban district police chief ACP Mohamad Hatta Che Din said the student, identified as Qayzikri Hazimi, 14, was found safe and in good health on the same day. “The student had been hiding in a surau in a nearby area before being found by a close family member at a barber shop in the Senawang area,” he said in a statement here today. “The student and his family were

PUTRAJAYA, An impressive flypast themed ‘Loud and Agile,’ led by the Royal Malaysian Air Force (RMAF), will take to the skies to captivate the patriotic public with an extended display during the 2024 National Day celebration at Dataran Putrajaya this Saturday. National Day 2024 flypast commander Lt Col Ramlan Mohd Yunus said that this year, the duration of the flight display has been extended by 15 to 20 seconds between aircraft, compared to 10 seconds last year. ‘This year, more airtime will be given to the aircraft so that the public can watch and enjoy the airshow for much longer,’

KUALA LUMPUR, The police once again urge the public to stay away from the restricted search and rescue (SAR) operation site for the sinkhole victim on Jalan Masjid India, as unauthorised access may impede recovery efforts. Dang Wangi District police chief ACP Sulizmie Affendy Sulaiman stated that the public should also avoid the area following another land subsidence yesterday, which necessitated the closure of the road. “I urge everyone to adhere to the advice of police officers and not to venture into restricted areas. Following the second land subsidence yesterday, I want to prevent any unwanted incidents,” he said during

KUALA LUMPUR, The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives snapped two days of losses to close higher on Thursday, driven by stronger soybean oil prices during Asian hours, said a dealer. Palm oil trader David Ng said concerns over weaker output in recent weeks also influenced market sentiment. ‘We see support at RM3,830 a tonne and resistance at RM4,000 a tonne,’ he told Bernama. Meanwhile, Fastmarkets Palm Oil Analytics senior analyst Sathia Varqa said the sporadic bargain buying and contrasting performance on China’s Dalian Commodity Exchange helped to sustain the market. ‘Nevertheless, further gains were capped