RTTN:Gold Steady Near 7-week High In Asian Trading
(RTTNews) - The price of gold was hovering near its 7-week high in Asian trading Tuesday amid a mixed U.S. dollar.
Gold for February delivery, the most actively traded contract, edged down $0.60 to $1,677.70 an ounce. Yesterday, gold ended higher amid a weak dollar and news that the European Union has agreed to enforce an oil embargo of Iran.