Gold rate today: Find all the latest trends and news about gold

Gold prices were nearly unchanged early on Wednesday as the dollar held steady on expectations of a US tax overhaul. Spot gold was steady at $1,261.79 an ounce at 0051 GMT. US gold futures were little changed at $1,264.80 an ounce. The dollar was supported on Wednesday after the House of Representatives approved the biggest US tax overhaul in 30 years on Tuesday, though Congressional Republicans will likely need to hold another vote later on Wednesday due to procedural issues.



WHAT HAPPENED ON TUESDAY

Gold traded little changed in early Asian trade on Tuesday amid a steady dollar with investors monitoring the progress of the US tax reform bill. READ MORE

COMMODITIES OF ALL STRIPES WILL RALLY IN 2018: GOLDMAN SACHS
Goldman Sachs continues to ratchet up predictions for commodities, laying out a bullish case for commodities of all stripes in 2018. The investment bank said that its forecast a year ago for higher commodity prices "played out much better than expected. READ MORE