US dollar down, gold up in European morning trading

By SPA

London : The U.S. dollar was lower against other major currencies in European trading Tuesday morning. Gold rose.

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The euro traded at US$1.5570, up from US$1.5418 late Monday in New York.

Other dollar rates:
_100.47 Japanese yen, down from 101.01
_1.0118 Swiss francs, down from 1.0213
_1.0161 Canadian dollars, down from 1.0184

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

Gold traded in London at US$930.65 per troy ounce, up from US$918.30 late Monday in New York.

In Zurich, gold traded at US$931.60 bid per troy ounce.

Silver opened in London at US$17.41, up from US$17.22, according to a report of the Associated Press.