Gold prices have moved up from moderately lower levels to trade near unchanged in morning dealings Tuesday. The yellow metal and much of the rest of the raw commodity continue to see their daily price moves heavily influenced by the “outside markets” that include the U.S. dollar index and crude oil prices. The USDX moved to its session low Tuesday morning, which helped to lift gold prices from their daily lows. However, Nymex crude oil prices that have hit a nearly seven-year low and fell below $37.00 a barrel Tuesday are keeping precious metals buyers very timid at present. February gold was last down $0.80 an ounce at $1,074.40.
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