Gold prices fell in Asian trade on Monday, as the dollar gained on expectations that the United States' economy will expand further after the Senate passed a bill to overhaul the country's tax system. The Senate narrowly approved the overhaul on Saturday, moving the Republican Party and US President Donald Trump a big step closer to their goal of slashing taxes for businesses and the rich while offering everyday Americans a mixed bag of changes. The dollar rebounded to a two-week high on Monday after taking a brief hit on Friday on news that Michael Flynn, former national ...
Gold prices slip as dollar gains after US Senate clears tax bill
The dollar rebounded to a two-week high after taking a brief hit on on news that Michael Flynn pleaded guilty to lying to the FBI about his contacts with Russia.
Reuters Last Updated at December 4, 2017 14:33 IST