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Gold climbs 0.5 percent

March 19, 2013 at 7:32 PM

NEW YORK, March 19 (UPI) -- The price for an ounce of gold rose $7.80 or 0.5 percent to settle at $1,612.40 Tuesday on the Comex division of the New York Mercantile Exchange.

Silver prices added 7 cents to close at $28.92 an ounce.

The dollar index rose 0.45 percent to 83.03 on the International Exchange.

Against the dollar, the euro was at $1.287 from Monday's $1.2956. Against the yen, the dollar was lower at 95.08 yen from 95.21 yen.

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