Gold futures edged higher Tuesday, getting a lift from a weaker dollar as investors looked ahead to a vote by U.K. lawmakers on Prime Minister Theresa May’s Brexit proposal.
Gold for April delivery rose $7.90, or 0.6%, to $1,298.90 an ounce, while May was 18 cents higher a $15.455 an ounce, up 1.2%.
May won last-minute concessions from the European Union over the Brexit divorce deal late Monday ina bid to win support for her plan in a parliamentary vote later Tuesday. May is still seen facing an uphill battle to win approval for the deal.
Source : Marketwatch