MoneyWorks4Me

Gold futures finish higher on safe haven appeal

02 Aug 2025 Evaluate

Gold futures finished higher on Friday, hitting a one-week high as demand for the safe haven asset got boosted following United States President Donald Trump’s imposition of fresh tariffs on a broad range of countries. Additionally, increased expectations for a Federal Reserve interest rate cut after weaker-than-expected U.S. payrolls data also buoyed yellow metal investments.

Gold futures for December delivery rose by $51.2 or 1.5% to settle at $ 3399.8 an ounce on the Comex division of the New York Mercantile. While, spot gold up by $73.55 or 2.24% to $3,363.48 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: