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Gold futures finish higher on Tuesday

29 Dec 2021 Evaluate
Gold futures finished higher on Tuesday, with the safe haven appeal of the bullion amid uncertainty over global economic rebound and as US Treasury Bond yield eases. The yellow metal however gave away some gains from intraday peak as the dollar got firmer.

Gold futures for February climbed by $2.1 or 0.1% to finish at $11810.90 an ounce on the Comex division of the New York Mercantile. While, spot gold slightly up by 0.2% to $1,806.97 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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