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Gold futures trade lower in early deals on Tuesday

21 Jan 2025 Evaluate
Gold futures traded lower in early deals on Tuesday, saddled by the strength in as the market evaluated the possible consequences of US President Donald Trump's policies in his second term after his inauguration. Moreover, geopolitical stability, including a Middle East ceasefire, dulled investment appeal of the safe haven bullion.

Gold futures for February delivery dip by $5.90 or 0.21% to $2,742.80 ounce on the Comex division of the New York Mercantile. While, spot gold rose by $15.20 or 0.56% to $2,723.41 an 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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