MoneyWorks4Me

Gold futures finish higher for first time in six sessions

28 Feb 2023 Evaluate
Gold futures finished higher on Monday, marking for first gain in six sessions as the yellow metal rebounded from a two- month low rate. The yellow metal buoyed with bargain hunting and as dollar edged lower making the yellow metal less expensive for third currency holders.

Gold futures for April rose by $7.80 or 0.40% to $1824.90 ounce on the Comex division of the New York Mercantile. However, spot gold lower by 0.15% or $2.80 to $1,814.34 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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