India, May 21 -- Gold rose to a 1 1/2-week high above $3,300 per ounce on Wednesday amid U.S. fiscal uncertainty as President Donald Trump's sweeping tax bill inches through Congress.
Spot gold climbed 0.6 percent to $3,311.17 per ounce in early European trade, while U.S. gold futures were up 0.8 percent at $3,310.89.
A weaker dollar boosted bullion's appeal as investors fretted about the U.S. fiscal and economic outlook.
The U.S. dollar hit its lowest level since May 7 amidst fiscal and tariff uncertainties.
U.S. President Donald Trump's sweeping tax and spending bill is one step closer to a full vote in the House of Representatives, with economists warning the proposal would add more than $2.5 trillion to the federal debt-currently at...