Dollar Down, Gold Up

he U.S. dollar was mixed against other major currencies in European trading Wednesday. Gold prices rose.

The Euro was quoted at $1.5616, up from $1.5601 late Tuesday in New York. Later, in midday trading in New York, the euro fetched $1.5629.

Other dollar rates in Europe, compared with late Tuesday in New York, included 102.76 Japanese yen, up from 102.04; 1.0149 Swiss francs, up from 1.0130; and 1.0175 Canadian dollars, down from 1.0212.

The British pound was quoted at $1.9822, down from $1.9833.

In midday New York trading, the dollar bought 102.72 yen and 1.0136 Swiss francs, while the pound was worth $1.9833.

Gold traded in London at $889.70 bid per troy ounce, up from $879.45 late Tuesday. In Zurich, gold traded at $888.10 bid per troy ounce, up from $879.45.

Silver traded in London at $17.02 bid per troy ounce, up from $16.56.