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Gold Prices Rise Even After Updated Brexit Deal Lifts Risk Appetite

Prices of the safe-haven gold rose on Tuesday in Asia even after the European Commission agreed to provide additional assurances in an updated Brexit deal.

U.K. Prime Minister Theresa May has secured “legally binding changes” that “strengthen and improve” the nation’s divorce deal from the European Union, reports said on Tuesday.

Members of Parliament will vote on May’s updated Brexit deal later in the day. The Prime Minister is expected to chair a cabinet meeting before the motion is debated in the House of Commons in the afternoon and votes are held in the evening.

The U.K. is set to leave the EU on 29 March.

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