Gold futures contracts maintained their upward momentum to open higher this morning, dealers said.

At 9.20am, February 2014 was RM1.05 or 21 ticks higher at RM139.00 a gramme, while March 2014 rose RM1.20 or 24 ticks to RM139.30 a gramme.

April 2014, May 2014 and June 2014 were untraded and pegged at RM138.40 a gramme each.

Turnover was thin at 16 lots while open interest totalled 1,757 contracts.

Physical gold was RM1.46 sen better at RM134.57 a gramme.-- Bernama