SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Gold futures finish lower after hawkish Fed comments

19 Dec 2024 Evaluate

Gold futures finished lower on Wednesday, followed by Federal Reserve’s hawkish signal of fewer rate cuts, only two rate cuts in 2025. Additionally, investment appeal of the bullion also dulled with the pickup in dollar and stronger bond yield notes. Meanwhile, market participants closely awaited the upcoming US GDP and PCE inflation data this week.

Gold futures for February delivery down by $8.70 or 0.33% to $2,653.30 per ounce on the Comex division of the New York Mercantile. Spot gold down by $25.80 or 1% to $2,611.15 an 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: