Gold prices up to 3-week high

Gold prices up to 3-week high
Gold reached $1,283.7 per ounce

Mubasher: Gold prices rose on Wednesday, recording its highest level in three weeks, as the US dollar declined.

The precious metal futures for December delivery went up by 0.6% to the level of $1,283.7 per ounce.

It was reported yesterday that the US Congress is close to reaching an agreement on the new tax reforms, which was announced by the Republican Party last week.