Gold prices held within a tight range in Asian trade on Tuesday, supported by a slightly weaker dollar as investors awaited the next steps over U.S. tax reform legislation for clues. Spot gold was nearly unchanged at $1,275.24 an ounce by 0405 GMT. It shed 0.3 percent in the previous session. U.S. gold futures were steady at $1,277.90.
The dollar dipped on Tuesday, after climbing to 2-1/2-week high against the yen on Monday after the U.S. Senate approved a major tax reform bill, moving Republicans and President Donald Trump closer to their goal of slashing taxes for businesses.
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