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Gold futures finish higher on safe haven appeal

04 Mar 2022 Evaluate
Gold futures finished higher on Thursday as the surging inflation and lingering Russia-Ukraine crisis lifted safe haven appeal of the bullion. Meanwhile, participants awaited for cues on interest rate hike as US Federal Reserve enters the second day of the Congress testimony.

Gold futures for April climbed by 0.7% to settle at $1,935.90 on the Comex division of the New York Mercantile. Spot gold up by 0.4% at $1,933.31 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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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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