India, Feb. 19 -- Gold prices hovered near record highs on Wednesday as first round of talks between the U.S. and Russia over potential peace deal in Ukraine ended with no clear path.
Spot gold edged up by 0.1 percent to $2,939.14 per ounce, while U.S. gold futures were up 0.4 percent at $2,961.90.
The U.S. and Russian officials held more than four hours of talks in Riyadh without Ukraine.
After more than 4 hours of discussion, the U.S. said that both countries will name high-level teams and President Donald Trump will probably meet Russian President Putin before end of month.
Trump brushed aside Ukraine's concern about being left out of the meeting and said Kyiv should have entered talks much earlier. "I think I have the power to end t...