You are here: Home » Reuters » News
Business Standard

Gold prices range-bound as investors focus on U.S. tax reform


By Apeksha Nair(Reuters) - Gold prices held within a tight range in Asian trade on Tuesday, amid a steady dollar as investors awaited the next steps over U.S. tax reform legislation.Spot gold edged 0.1 percent lower to $1,275.06 an ounce, as of 0814 GMT, holding between $1.277.01 and $1,273.96 so far this session.U.S. gold futures were steady at $1,277.80.The dollar was little changed, after climbing to 2-1/2-week high against the yen on Monday, after the U.S. Senate approved a major tax reform bill, moving Republicans and U.S. President Donald Trump closer to their goal of slashing taxes for ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Tue, December 05 2017. 14:09 IST