MoneyWorks4Me

Gold futures trade lower in early deals on Tuesday

21 Feb 2023 Evaluate
Gold futures traded lower in early deals on Tuesday, pressured by the stronger dollar as well as worries over aggressive interest rate hikes.  

Gold futures for April dipped by $3.60 or 0.19% to settle at $1846.60 ounce on the Comex division of the New York Mercantile. Spot gold down by 0.18% or $3.34 to $1,838.04 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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