MoneyWorks4Me

Gold futures settle sharply higher on Thursday

24 Mar 2023 Evaluate
Gold futures settled sharply higher on Thursday, hitting intraday peak $2,001, kindled by the weakness in dollar and on safe haven bullion appeal amid banking turmoil and less hawkish Federal Reserve. The greenback tumbled to a seven-week low pressured by the concerns over global economic health with high borrowing costs.

Gold futures for April jumped by $46.30 or 2.4% to finish at $ 1995.90 ounce on the Comex division of the New York Mercantile. However, spot gold dipped by $2.59 or 0.13% to $ 1,990.81 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: