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Gold dips as dollar shines after U.S. Senate clears tax bill


By Apeksha Nair(Reuters) - 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 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 ...

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First Published: Mon, December 04 2017. 10:12 IST