NEW YORK ( TheStreet -- Gold prices were tentative Thursday as they looked to the euro for direction.

Gold for April delivery was adding $1.60 to $1,125.40 an ounce at the Comex division of the New York Mercantile Exchange. Prices have traded as high as $1,128.50 and as low as $1,118.20. The U.S. dollar index was rising 0.81% to $80.29. Gold's spot price was up $1.40, according to Kitco's gold index.

Gold prices remained in a tight trading range Thursday as the euro was curbing gold's upside. Reportedly, Greece's Prime Minister George Papandreou said the country needed financial aid in order to execute its deficit cuts. Greece is pessimistic that it will receive a bailout from the European Union and said it might have to seek funding from the International Monetary Fund. A Greek Finance Minister official has since denied this rumor, but the euro was hurt on uncertainty fears, which weighed on prices.

Euro Pressures Gold

"The uptrend resumed after the Fed's announcement but ran into a bit of difficulties following this morning's revelation that the Greek crisis remains at an impasse mode," says Jon Nadler, senior analyst at Kitco.com. "While it is putting some cushion under gold prices in terms of a quest for safe haven, it is bolstering the U.S. dollar ... and is pressuring the euro, and gold and the euro, certainly as of late, have been trading like kissing cousins."

Silver prices were down 7 cents to $17.45 while copper prices were slipping 2cents to $3.39.

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Mining stocks, a more leveraged way to invest in gold , were mixed. Barrick Gold ( ABX) was losing 0.70% to $39.89 while Newmont Mining ( NEM) was rising 0.72% to $51.60. Other large-cap miners Kinross Gold ( KGC) and Goldcorp ( GG) were trading at $18.15 and $39.50, respectively.

Shares of Freeport McMoRan Copper & Gold ( FCX) were lower by 0.81% to $80.57, and Yamana Gold ( AUY) was up 0.39% to $10.25.

SPDR Gold Shares ( GLD) was rising 0.66% to $110.31.

-- Written by Alix Steel in New York.

Alix joined TheStreet.com TV in February 2007. Previously, she held positions in film and theater production, management, and legal administration. Alix has a degree in communications and theater from Northwestern University.

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