PRECIOUS-Gold prices ease despite slightly weaker dollar

Dec 6 (Reuters) - Gold prices nudged down early on Wednesday after touching a two-month low in the previous session, despite a slightly weaker dollar.


* Spot gold was down 0.1 percent at $1,264.42 an ounce by 0104 GMT. The session before, it hit its lowest since Oct. 6 at $1260.71.

* U.S. gold futures were up 0.2 percent at $1,266.80.

* The dollar edged down on Wednesday, as concerns about a possible U.S. government shutdown offset optimism about progress on tax reform legislation.

* Democrats have a rare chance to win major concessions in a U.S. Congress they do not control by taking advantage of a battle within the Republican Party over keeping the government open.

* The Republican-controlled U.S. House of Representatives voted on Monday to go to conference on tax legislation with the Senate, moving Congress another step closer to a final bill.

* A U.S. Senate committee advanced legislation Tuesday that would ease financial rules for banks for the first time since the 2007-2009 financial crisis.

* The U.S. Senate Banking Committee on Tuesday voted to approve Fed Governor Jerome Powell to lead the Federal Reserve, sending his nomination to the full Senate for a vote.

* The U.S. trade deficit increased to a nine-month high in October due to rising oil prices and the widening of America's long-standing deficits with China and Mexico.

* Business activity across the euro zone looks set to end 2017 on a high note after a busy November, according to a survey giving the latest evidence the bloc's economy was a star performer this year.

* Britain's economy is ending 2017 lagging the euro zone's strong recovery as the effects of last year's Brexit vote weigh on shoppers and on businesses, according to a range of data released on Tuesday.

* SPDR Gold Trust , the world's largest gold-backed exchange-traded fund, said its holdings fell 0.17 percent to 845.47 tonnes on Tuesday from 846.93 tonnes on Monday.


0700 Germany Industrial orders Oct 1315 U.S. ADP national employment Nov

(Reporting by Apeksha Nair in Bengaluru; Editing by Joseph Radford)