Gold Prices Hover Near the Flatline (Update 1)
Updated from 12:19 p.m. EST with settlement prices
NEW YORK (TheStreet) -- Gold prices dragged along the flatline Tuesday after the Group of Seven countries issued a statement about their commitment to foreign exchange markets.
Gold for April delivery settled up 50 cents to $1,649.60 an ounce at the Comex division of the New York Mercantile Exchange . The gold price traded as high as $1,653.80 and as low as $1,639.50 an ounce, while the spot price was adding $2, according to Kitco's gold index.
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