U.S. dollar down, gold up in European morning trading

U.S. dollar down, gold up in European morning trading

The U.S. dollar was down against other major currencies in European trading Monday. Gold prices rose.

The euro traded at US$1.3172, up from US$1.3141 late Friday in New York.

Other dollar rates:

_118.08 Japanese yen, down from 118.28

_1.2280 Swiss francs, down from 1.2308

_1.1704 Canadian dollars, down from 1.1724

The British pound traded at US$1.9421, up from US$1.9358.

Gold traded in London at US$653.20 per troy ounce, up from US$652.30 late Friday.

In Zurich, the bid price was US$649.55, up from US$649.50.

Gold closed down 30 U.S. cents in Hong Kong to close at US$653.10, reports AP.

Silver traded in London at US$12.98 per troy ounce, up from US$12.87.