NEW YORK ( TheStreet ) -- Gold prices closed lower Tuesday after waffling for most of the session as investors moved toward the safety of the dollar and left gold on the sidelines. Gold for April delivery closed down $7.20 at $1,717.70 an ounce at the Comex division of the New York Mercantile Exchange. The gold price has traded as high as $1,729.90 and as low as $1,713.80 an ounce while the spot price was shedding $6, according to Kitco's gold index. Silver prices lost 37 cents to close at $33.34 an ounce while the U.S. dollar index was up 0.57% at $79.57.
Gold "still looks range bound