Gold rises on wobbly dollar

BENGALURU, Jan 23 (Reuters): Gold prices edged up on Tuesday as the dollar hovered around three-year lows, with a surge in global equities capping further gains after a US government shutdown came to a halt.

Gold was mostly unaffected by the shutdown in the previous session, trading in a tight range defined on the low end by safe-haven demand amid the US government closure and on the high end by the resiliency of the wider financial markets.

Spot gold rose 0.2 per cent to $1,336.26 per ounce at 0447 GMT, up for a third straight session.

US gold futures for February delivery rose 0.3 per cent to $1,336.00 per ounce.

The US Senate voted on Monday to pass a temporary spending plan through Feb. 8 to end the government shutdown.

Equity markets have since gained, with Wall Street's main indexes surging to record highs.