SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Gold futures finish lower on firmer dollar

22 Dec 2020 Evaluate
Gold futures finished lower on Monday, though rose more than 1% earlier in the session cheering reports that US congressional leaders reached agreement on a $900 billion package. The session saw a hefty profit booking of about 1.3% in the yellow metal thereafter, on account of high rebound in the dollar from multi-year lows to an over one-week high, as the investors chose US currency over the bullion as the safe haven investment in midst of new coronavirus strain woes.

Gold futures for February delivery was down by 0.3% or $6.10 to settle at $1,882.80 an ounce on the Comex division of the New York Mercantile. Spot gold slipped 0.2% to $1,877.83 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.

Our Vision

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.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: