Gold eases as dollar gains after U.S. Senate clears tax bill

 

 

 

 

 

 

 

 

Gold prices fell in Asian trade on Monday, as the dollar gained on expectations that the United States’ economy will expand further after the Senate passed a bill to overhaul the country’s tax system.

The Senate narrowly approved the overhaul on Saturday, moving the Republican Party and U.S. President Donald Trump a big step closer to their goal of slashing taxes for businesses and the rich while offering everyday Americans a mixed bag of changes.

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