Gold futures contract opens higher

KUALA LUMPUR: Gold futures contract opened higher today on sustained demand for the precious metal.

At 9:40am, April 2014 gained 25 ticks to RM136.60 a gramme, May 2014 rose 26 ticks to RM136.90 a gramme and June 2014 added 39 ticks to RM137.80 a

gramme. 

Turnover amounted to 10 lots while open interest totalled 978 contracts.

At 9.30am, physical gold was RM1.21 higher at RM131.67 a gramme.