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Gold futures trade lower in early deals on Monday

27 Jan 2025 Evaluate

Gold futures traded lower in early deals on Monday, pressured by the strength in dollar amidst renewed tariff concerns as Trump announced plans to impose tariffs and sanctions on Colombia after the country refused to allow US military planes carrying deported migrants to land. Meanwhile, investors keenly eyed on US Federal Reserve’s policy decision later this week. The yellow metal for the most active contract had marked weekly gain of 1.2%.

Gold futures for February delivery down by $17.00 or 0.62% to $2,761.70 ounce on the Comex division of the New York Mercantile. Spot gold dipped by $8.83 or 0.32% to $2,761.75 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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