Gold Dips In Asia, But Well Supported On Middle East Tensions

Gold dipped in Asia on Friday, but remained well supported on Middle East tensions between Iran and Saudi Arabia and await a summit in Vietnam among Asia-Pacific nations.
Gold futures for December delivery on the Comex division of the New York Mercantile Exchange fell 0.11% to $1,286.13 a troy ounce.
Overnight, gold prices rose to three-week highs on Thursday amid a slump in the dollar on fears that the Senate would delay corporate tax cuts until 2019.
Gold prices added to gains from Wednesday’s session after the dollar fell on reports that Senate Republicans on Thursday will propose delaying a cut in the corporate tax rate from 35% to 20% until 2019. For More Information About Commodity Market Please Visit : www.paceresearchindia.com and Call : 8817774774