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Gold near two-month lows as dollar firms

Reuters  |  LONDON 

By Zandi ShabalalaLONDON (Reuters) - Gold held near a two-month low on Wednesday, under pressure from an advancing dollar ahead of a vote on the U.S. tax reform plan, but a potential government shutdown lent support to prices.Spot gold had inched 0.1 percent lower to $1,264.260 an ounce by 1420 GMT after it hit its weakest since Oct. 6 in the previous session.U.S. gold futures rose 0.1 percent to $1,266.70 an ounce.The dollar index firmed on uncertainty around a possible U.S. government shutdown if lawmakers fail to reach a budget accord before a Friday deadline. A stronger greenback makes ...

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First Published: Wed, December 06 2017. 23:04 IST