Gold Prices Steady-Weak; U.S. Data Awaited

Gold prices are steady to slightly lower in early U.S. trading Tuesday. Traders are awaiting fresh market inputs to drive prices, and a heavier slate of U.S. data Tuesday could move the markets. Still, the U.S. dollar index hovering near Monday’s four-year high continues to provide a bearish anchor for the precious metals. February Comex gold was last up $0.90 at $1,197.60 an ounce. Spot gold was last down $1.30 at $1,197.50. March Comex silver last traded up $0.20 at $16.635 an ounce.

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