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Dollar trades mixed, gold rises in Europe

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02 May 2008 @ 01:17 pm EST
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LONDON - The U.S. dollar was mixed against other major currencies in European trading Friday. Gold rose.

The euro traded at $1.5427, down from $1.5461 late Thursday in New York. Later, in midday New York trading, the euro fetched $1.5406.

Other dollar rates in Europe, compared with late Thursday, included 105.30 Japanese yen, up from 105.26; 1.0565 Swiss francs, up from 1.0494; and 1.0174 Canadian dollars, down from 1.0187.

The British pound was quoted at $1.9759, up from $1.9737.

In midday trading in New York, the dollar bought 105.20 yen and 1.0568 francs, while the pound was worth $1.9719.

Gold traded in London at $854.25 per troy ounce, up from $848.40 late Thursday. In Zurich, gold traded at $853.90 bid per troy ounce, up from $849.75.

Silver traded in London at $16.19, down from $16.93.

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