India, Feb. 26 -- Gold prices rebounded from one-week lows on Wednesday as the potential new U.S. tariffs on copper imports and weak U.S. economic data released overnight added to economic concerns.
A firmer dollar helped cap overall gains after the U.S. House of Representatives advanced President Donald Trump's tax-cut agenda calling for dep cuts in safety-net programs such as Medicaid.
Spot gold was little changed at $2,915.51 per ounce in European trade, while U.S. gold futures were up 0.3 percent at $2,928.21.
Weak U.S. economic data released on Tuesday added to uncertainty over Trump administration policies.
Data showed consumer confidence deteriorated in February at its fastest pace in three-and-a-half years and average 12-month i...