MoneyWorks4Me

Gold futures finish sharply lower on interest rate hike bets

10 Jun 2026 Evaluate
Gold futures finished sharply lower on Tuesday, as the bets on interest rate hikes by Federal Reserve intensified after stronger-than-expected US economic reports, and stubborn energy-driven inflation fears. Oil prices surged after the US launched retaliatory strikes against Iran following the downing of an American helicopter. Meanwhile, investors shifted their attention to upcoming US inflation data for hints regarding future Federal Reserve policy.

Gold futures for August delivery plunged by $77 to 1.76% to settle at $4,286.40 an ounce on the Comex division of the New York Mercantile. While, spot gold tumbled by $83.73 or 1.97% to $4,177.12 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: