MoneyWorks4Me

Gold futures finish higher on safe haven appeal

26 Apr 2023 Evaluate
Gold futures finished higher on Tuesday, buoyed by the safe haven appeal of the bullion ahead to this week’s US economic data and next Wednesday’s Federal Reserve decision. However, firm dollar capped some yellow metal investments.

Gold futures for June rose by $4.70 or 0.2% to $2004.50 ounce on the Comex division of the New York Mercantile. However, spot gold dipped by $1.88 or 0.09% to $1,995.51 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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