MoneyWorks4Me

Gold futures finish higher on Thursday

28 Apr 2023 Evaluate
Gold futures finished higher on Thursday, though below the benchmark $2000 level. Investment appeal of the bullion got boosted after weak US economic data trivialized bets on hawkish stance by Federal Reserve. However, stronger dollar capped some gains in the bullion.

Gold futures for June rose by $3 or 0.2% to settle at $1999.00 ounce on the Comex division of the New York Mercantile. however Spot gold fell by $1.18 or 0.06% to $1,986.60 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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