NY gold closes flat as dollar pares gains

Newswire

NEW YORK, Feb 22 (Reuters) - U.S. gold futures settled flat Wednesday after a subdued session dominated by options-based and technical dealings, as prices recovered from earlier lows amid a softer dollar and despite lower oil prices. Gold for April delivery closed unchanged at $556.60 an ounce on the New York Mercantile Exchange's COMEX division, after patrolling a range from $549.80 to $557.70. Estimated final COMEX volume was 54,000 lots, versus Tuesday's also-light tally of 34,095. ...

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