Gold futures jumped more than 1% on Tuesday as investors sought safe-haven assets after the U.S. Senate passed President Trump's tax and spending bill, which analysts expect will widen the U.S. fiscal deficit by more than $3 trillion over the next decade.

Global shares edged up and the dollar traded near multi-year lows on Tuesday, having wrapped up its worst first-half performance since the 1970s, ahead of a vote over U.S. President Donald Trump's landmark tax and spending legislation.

SINGAPORE (Reuters) -The U.S. dollar languished at its weakest against the euro since September 2021 on Tuesday, as President Donald Trump's spending bill stoked fiscal worries and uncertainty around trade deals continued to weigh on sentiment.