Gold gains on possible delays in U.S. tax cut plan


Gold touched a near three-week high on Wednesday as the dollar eased on expectations of possible delays in long-awaited U.S. tax reforms while palladium hit its highest since 2001.

Spot gold was up 0.7 percent at $1,283.80 per ounce as of 1530 GMT. It fell about 0.5 percent on Tuesday.

U.S. gold...