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.
Gold rises on wobbly dollar
FE Team | Published: January 23, 2018 21:25:58
Gold rises on wobbly dollar
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