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Gold futures finish higher for fourth straight session

05 Jan 2023 Evaluate
Gold futures finished higher for the fourth straight session on Wednesday, kindled by the dwindling in dollar. Moreover, safe haven appeal of the bullion amid global recession fears followed by slower than expected US manufacturing data for December and Federal Reserve’s reaffirmation on continued interest rate hikes.

Gold futures for February rose by $12.90 or 0.7% to settle at $1859.00 ounce on the Comex division of the New York Mercantile. Spot gold down by 0.17% or $3.17 to $1,851.39 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.

Our Vision

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.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: