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Gold futures end lower for the fifth session in a row

28 Jan 2021 Evaluate
Gold futures ended lower for the fifth session in a row on Wednesday, pressured down by the stronger dollar and on ambiguity over the US stimulus bill. Besides, the yellow metal dragged down further followed by Federal Open Market Committee’s decision to keep the benchmark interest rate in a range of 0 to 0.25%.

Gold futures for February delivery dipped by $6 or 0.3% to settle at $1,844.90 an ounce on the Comex division of the New York Mercantile. Spot gold fell 0.3% to $1,845.61 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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