(RTTNews) - The price of gold edged up in Asian trading Tuesday as the U.S. dollar paused for a breather after recent rally.
Gold for April delivery, the most actively traded contract, edged up $4.10 to $1,703.90 an ounce. Yesterday, gold ended below the $1,700-mark after China reported its biggest monthly trade deficit in at least 22 years for February, fueling concerns of an economic slowdown.
Holdings of SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, were unchanged at 1,293.68 tons.