Gold steady near three-week high amid U.S. tax reform concerns

Reuters/Vijaykumar Vedala/11-10-17

Gold prices on Friday held near a three-week high touched in the previous session, underpinned by uncertainty over U.S. tax reforms and on track for the first weekly rise in four weeks.

…”Further political uncertainty in the U.S. saw gold prices well supported. News that the Republican tax plan involved cuts being delayed until 2019 raised the ire of investors,” ANZ said in a note.

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