Gold declined from the highest level in almost two weeks as a gauge of the dollar strengthened for a third day, with investors weighing renewed Brexit turmoil and latest developments in the partial shutdown of the U.S. government. Palladium notched up a fresh record before retreating.
British Prime Minister Theresa May's government won a no-confidence vote on Wednesday, and she's now looking for a compromise with her political enemies to deliver a Brexit deal, with just 10 weeks left before the exit deadline.
Spot gold -0.2% to $1,291.58/oz at 12:53pm in Singapore; +0.3% Wednesday to post the highest close since Jan. 3
Bloomberg Dollar Spot Index +0.1% after +0.1% day earlier, +0.3% on Tuesday.
Source : Bloomberg