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Gold futures end lower for third session in a row on Thursday

20 Nov 2020 Evaluate
Gold futures ended lower for third session in a row on Thursday, pressured by the firmer dollar and uncertainty lingers over the monetary stimulus from US government. Optimism over progress in vaccines, which could be ready for US authorisation within weeks, also dented bullion investment appeal.
            
Gold futures for December delivery decreased by $12.40 or 0.70% to settled at $1861.50 an ounce on the Comex division of the New York Mercantile. Spot gold fell 0.8% to $1,856.58 per ounce.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

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