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Stock advisory Company, Gold slips as dollar holds firm
Gold prices edged lower early on Thursday, hovering close to a two-month low hit earlier this week, amid a steady dollar.
Fundamentals
Spot gold was down 0.1 percent at $1,262.50 an ounce by 0053 GMT. It hit its lowest since Oct. 6 at $1,260.71 on Tuesday.
US gold futures were 0.1 percent lower at $1,265.30.
The dollar index, which measures the greenback against a basket of six major currencies, was steady at 93.592. The dollar was up about 0.2 percent at 112.46 yen.
US Senate Republicans agreed to talks with the House of Representatives on sweeping tax legislation on Wednesday, amid early signs that lawmakers could bridge their differences and agree on a final bill ahead of a self-imposed Dec. 22 deadline.
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