MoneyWorks4Me

Gold futures finish near two-week high ahead of Fed meet

23 Jul 2026 Evaluate
Gold futures finished near two-week high on Wednesday, as heightened tensions and supply route disruptions in the Middle East continued to spur safe-haven appeal of the bullion. Meanwhile, investors keenly awaited for cues on interest rate outlook ahead of the upcoming Federal Reserve policy meeting.

Gold futures for August delivery surged by $75.50 to 1.85% to settle at $4,151.90 an ounce on the Comex division of the New York Mercantile. While, spot gold down by $4.87 or 0.12% to $4,125.38 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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