MoneyWorks4Me

Gold futures finish higher for third straight session on Wednesday

02 Mar 2023 Evaluate
Gold futures finished higher for third straight session on Wednesday, kindled by the slide in dollar after the upbeat Chinese economic data. However, rising interest rates capped some gains in the bullion. The yellow metal for the most active contract has logged the best settlement in a week.

Gold futures for April rose by $8.70 or 0.50% to $1845.40 ounce on the Comex division of the New York Mercantile. However, spot gold dipped by 0.14% or $2.48 to $1,834.24 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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