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US Dollar Down, Gold Up

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25 March 2008 @ 07:16 am EST
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LONDON (AP) - The U.S. dollar fell Tuesday morning against other major currencies in European trading. Gold prices rose.

The euro rose to $1.5570 from $1.5418 late Monday in New York.

Other dollar rates compared with late rates Monday included: 100.47 Japanese yen, down from 101.01; 1.0118 Swiss francs, down from 1.0213, and 1.0161 Canadian dollars, down from 1.0184.

The British pound was quoted at $1.9929, up from $1.9841.

Gold traded in London at $930.65 per troy ounce, up from $918.30 late Monday in New York. In Zurich, gold traded at $931.60 bid per troy ounce.

Silver opened in London at $17.41, up from $17.22.

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