Gold traded near the lowest since August and headed for the biggest monthly loss this year as President Donald Trump’s plan to cut taxes kept the dollar buoyant.
Bullion was little changed at $1,284.48 an ounce in London after earlier losing as much as 0.4 percent to the lowest since Aug. 25. Prices are down 2.8 percent this month on optimism over the health of the American economy and expectations for higher interest rates.
Source: Bloomberg Pro Terminal
Junior Trader Stefan Panteleev
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