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Gold nearly unchanged as dollar holds firm


By Apeksha Nair(Reuters) - Gold prices were mostly steady on Thursday amid a firm dollar, trading within sight of a two-month low hit earlier this week.Spot gold was nearly unchanged at $1,263.21 an ounce by 0406 GMT. It marked its lowest since Oct. 6 at $1,260.71 on Tuesday.U.S. gold futures were flat at $1,265.70.The dollar inched up against its peers on Thursday, as optimism towards U.S. lawmakers making progress on tax legislation continued to grow. U.S. Senate Republicans agreed to talks with the House of Representatives on the tax legislation on Wednesday, amid early signs that ...

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First Published: Thu, December 07 2017. 10:29 IST