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Dollar Mostly Lower, Gold Down in Europe

27 Mar, 2008 @ 01:37 pm EST
AP
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LONDON - The U.S. dollar was mostly lower against other major currencies in European trading Thursday. Gold fell.

The euro traded at $1.5792, down from $1.5815 late Wednesday in New York. Later, in afternoon trading in New York, the euro fetched $1.5795.

Other dollar rates in Europe, compared with late Wednesday, included 99.93 Japanese yen, down from 100.00; 0.9941 Swiss francs, down from 1.0083; and 1.0143 Canadian dollars, down from 1.0194.

The British pound was quoted at $2.0065, up from $2.0060.

In afternoon New York trading, the dollar bought 99.82 yen and 0.9941 Swiss francs, while the pound was worth $2.0055.

Gold traded in London at $945.40 per troy ounce, down from $945.75 late Wednesday. In Zurich, gold traded at $942.35 bid per troy ounce, down from $946.30.

Silver traded in London at $18.29, up from US$18.24.

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