Summary: Gold prices held gains, driven by concerns about the US fiscal position following the Senate’s approval of Trump’s multi-trillion-dollar tax bill. The bill, expected to widen the deficit, could boost gold’s appeal as a haven. Persistent weakness in the US dollar and robust central bank purchases also supported gold’s rally this year.

Link: https://www.theedgesingapore.com/news/gold/gold-holds-gains-trump-tax-bill-stokes-us-deficit-concerns