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Gold futures finish higher on safe haven appeal

22 Jan 2025 Evaluate
Gold futures finished higher on Tuesday, boosted by the safe haven appeal as the concerns over trade wars lingered following President Trump's announcement of potential tariff policies. Besides, softness in dollar and on bets on continued Fed interest rate cuts also kindled investment appeal of non-yielding bullion.

Gold futures for February delivery up by $10.50 or 0.38% to $2,759.20 ounce on the Comex division of the New York Mercantile. While, spot gold rose by $4.27 or 0.16% to $2,749.08 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.

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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.

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