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U.S. dollar rises, gold falls in European trading - ASHARQ AL-AWSAT English Archive
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London, The U.S. dollar rose against other major currencies in European trading Wednesday. Gold prices fell.

The euro was quoted at US$1.2058, down from US$1.2065 Tuesday in New York.

Other dollar rates compared with late Tuesday:

_110.33 Japanese yen, up from 109.85

_1.2823 Swiss francs, up from 1.2805

_1.2328 Canadian dollars, up from 1.2313

The British pound was quoted at US$1.8141, down from US$1.8153.

Gold traded in London at US$434.90 bid per troy ounce, down from US$436.90 on Tuesday.

In Zurich the bid price was US$434.53, down from US$436.00.

Gold fell US$2.50 in Hong Kong to close at US$435.05.

Silver traded in London at US$7.08 bid per troy ounce, down from US$7.12, The Associated Press reported.

Asharq Al-Awsat

Asharq Al-Awsat

Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities. Launched in London in 1978, Asharq Al-Awsat has established itself as the decisive publication on pan-Arab and international affairs, offering its readers in-depth analysis and exclusive editorials, as well as the most comprehensive coverage of the entire Arab world.

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