Gold Holds Near One-Week Low As Dollar Firms

Gold on Thursday held near a one-week low hit in the previous session, as the dollar firmed amid upbeat US growth data and as a likely vote neared on US tax legislation.
Spot gold was little changed at $1,283.85 an ounce at 0050 GMT. On Wednesday, it fell 0.8 per cent to touch its lowest since Nov. 22 at $1,281.90. Still, bullion is heading for its first monthly gain since August, having risen about 1 per cent for the month.
US gold futures were up 0.1 per cent at $1,283.10. For More Information Please Visit : www.paceresearchindia.com and Call : 8817774774