Gold Prices Gain Slightly In Asia As US Tax Cuts Hit Slight Snag

Gold prices gained in Asia on Wednesday after snag in passage of US tax cuts linked to a procedural issue in the Senate kept markets on edge even as most analysts say the bill will still pass this week.
Gold futures for February delivery on the Comex division of the New York Mercantile Exchange rose 0.22% to $1,267.00 a troy ounce.
Gold prices edged lower on Tuesday weighed by a rally in Treasuries on growing optimism surrounding the outcome of the tax bill vote, and solid housing data pointing to underlying economic strength. For More Information About Commodity Market Update Please Visit : www.paceresearchindia.com and Call : 8817774774