Gold futures finished sharply higher on Wednesday, amid sustained demand for the safe-haven assets. Yellow metal prices traded higher amid reports that U.S. President Donald Trump stood firm on taking control of Greenland, intensifying the U.S.-EU standoff, even though he reassured he would not resort to the use of force. Meanwhile, softer dollar and sliding bond yield notes also buoyed yellow metal buying.
Gold futures for February delivery up by $71.70 or 1.50% to settle at $4,837.50 an ounce on the Comex division of the New York Mercantile. While, spot gold rose by $35.01 or 0.70% to $4,796.72 an ounce.
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.
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.
MoneyWorks4Me ensures this through: