The U.S. dollar was lower against other major currencies in European trading Tuesday morning. Gold rose.
The euro was quoted at $1.2975, up from $1.2958 Monday.
Other dollar rates:
--104.87 Japanese yen, down from 105.02
--1.1955 Swiss francs, down from 1.1993
--1.2344 Canadian dollars, down from 1.2366
The British pound was quoted at $1.8872, up from $1.8871.
Gold dealers in London fixed a recommended price of $424.60 bid per troy ounce at midmorning, up from $424.30 on Monday.
In Zurich the bid price was $424.63, up from $423.53.
Gold rose $1.20 in Hong Kong to close at $424.45.
Silver opened in London at US$7.25 bid per troy ounce, unchanged.