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Gold futures settle higher on safe haven appeal

08 Dec 2021 Evaluate
Gold futures settled near one week high rate on Tuesday kindled by the safe haven appeal of the bullion in midst of looming worries over global economic health.

Gold futures for February rose 0.3% or $5.20 to settle at $1,784.70 an ounce on the Comex division of the New York Mercantile. While, spot gold gained 0.2% to $1,780.63 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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