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Gold Prices Fight Stronger Dollar to End Higher (Update 2)

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NEW YORK (TheStreet ) -- Gold prices closed higher despite a stronger U.S. dollar and early morning profit taking.

Gold for February delivery added $7.40 to close at $1,620.10 an ounce at the Comex division of the New York Mercantile Exchange. The gold price has traded as high as $1,626.80 and as low as $1,597.70 an ounce while the spot price was up $7, according to Kitco's gold index.

Silver prices added 19 cents to close at $29.29 an ounce while the U.S. dollar index was up 0.98% at $80.91. ...

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