Gold Futures open higher

KUALA LUMPUR: Gold futures contracts opened higher on Bursa Malaysia Derivatives Tuesday on improved buying demand from investors.

At 9.20 am, December 2013 rose 19 ticks to RM127.90 a gramme, while January 2014 was up by 12 ticks to RM127.85 a gramme, with three lots traded.

Open interest stood at 1,044 contracts.