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Gold futures finish slightly higher on Thursday

01 Jan 2021 Evaluate
Gold futures finished slightly higher on Thursday, in a holiday shortened trade as dollar held little weaker and on safe haven appeal with the still lingering viral infection woes. However, vaccine rollouts limited some gains.

Gold futures for February delivery settled up 0.1% or $1.70, at $1,895.10 an ounce on the Comex division of the New York Mercantile. Spot gold was trading was almost flat at $1,893.10 per ounce.

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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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