gold prices

Gold prices are steady near the two and a half months hit on Monday.

The U.S. dollar is stronger Tuesday which is bearish for the precious metal as gold is priced in dollar, it moves inversely to moves in the greenback.

Still, gold and silver have improved as gold faced a couple of months which pared only losses, the past year.

April Comex gold was up $0.20 at $1,232.30 an ounce while March Comex silver went down $0.043 at $17.65.

In India, there is a surge in the gold market as gold prices gained Rs220 to Rs29,325 per 10 grams at the bullion market on Tuesday due to increased buying by jewelers to satisfy soaring demand because of the wedding season.

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