Gold futures lower at midday

KUALA LUMPUR: Gold futures contract on Bursa Malaysia Derivatives traded lower at midday today on lack of demand for the precious metal.

April 2014 and June 2014 declined two ticks to RM138.30 a gramme and RM139.05 a gramme, respectively.

May 2014 fell seven ticks to RM138.55 a gramme and July 2014 lost six ticks to RM139.20 a gramme. Volume totalled 139 lots, while open interest amounted to 1,459 contracts. --