Global Stock Markets
Gold prices inched higher in quiet trade on Wednesday as the dollar held steady on expectations the U.S. government would pass the country's biggest tax overhaul in 30 years.
Spot gold had risen 0.2 percent to $1,263.65 an ounce by 0347 GMT. U.S. gold futures were also up 0.2 percent, at $1,267 an ounce.
Digital currency Bitcoin was down 5 percent on the Bitstamp exchange at $16,810, after earlier dropping to a one-week low at $15,800.
Meanwhile, the dollar was supported after the House of Representatives on Tuesday approved the proposed U.S. tax overhaul, though Congressional Republicans will likely need to hold another vote later on Wednesday due to procedural issues.
Upbeat U.S. housing data and the House's approval of the tax overhaul boosted U.S. Treasury yields.
Silver was up 0.1 percent at $16.13 an ounce, after touching a two-week high of $16.22 in the previous session.
Platinum was nearly unchanged at $913.40 an ounce, having hit a two-week peak of $919.40 on Tuesday.
Palladium was up 0.1 percent at $1,021.65 an ounce.Subscribe to our Daily Newsletter
Spot gold had risen 0.2 percent to $1,263.65 an ounce by 0347 GMT. U.S. gold futures were also up 0.2 percent, at $1,267 an ounce.
Digital currency Bitcoin was down 5 percent on the Bitstamp exchange at $16,810, after earlier dropping to a one-week low at $15,800.
Meanwhile, the dollar was supported after the House of Representatives on Tuesday approved the proposed U.S. tax overhaul, though Congressional Republicans will likely need to hold another vote later on Wednesday due to procedural issues.
Upbeat U.S. housing data and the House's approval of the tax overhaul boosted U.S. Treasury yields.
Silver was up 0.1 percent at $16.13 an ounce, after touching a two-week high of $16.22 in the previous session.
Platinum was nearly unchanged at $913.40 an ounce, having hit a two-week peak of $919.40 on Tuesday.
Palladium was up 0.1 percent at $1,021.65 an ounce.Subscribe to our Daily Newsletter
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