Gold futures open lower

KUALA LUMPUR: Gold futures contracts opened lower today on lack of buying momentum.

At 9.40am, April 2014 was down 35 ticks to RM134.30 a gramme, while May 2014 lost 30 ticks to RM134.85 a gramme.

Turnover amounted to 61 lots while open interest totalled 627 contracts.

At 9.30am, physical gold was RM1.37 lower at RM129.84 a gramme