Gold futures tried for their third-straight gain Wednesday, helped as a key U.S. dollar benchmark languished at roughly three-week lows.
Financial markets are increasingly worried about the prospect of getting U.S. tax policy changed by year end, sending the dollar lower and injecting some uncertainty into stock trading, to the benefit of gold, a market sought as a counter to risk-aversion.
A report Tuesday indicated that Republican senators are seriously considering adding a repeal of Obamacare’s individual insurance mandate to a new version of their tax bill, which analysts say could make it less palatable to some in the chamber.
