Gold Up
This article is from the archive of The New York Sun before the launch of its new website in 2022. The Sun has neither altered nor updated such articles but will seek to correct any errors, mis-categorizations or other problems introduced during transfer.
LONDON (AP) – The American dollar traded mostly lower against other major currencies in European trading Thursday. Gold rose.
The euro traded at $1.3433, up from $1.3367 late Wednesday. Later, in midday trading in New York, the euro fetched $1.3428.
Other dollar rates in Europe, compared with late Wednesday, included 118.59 Japanese yen, down from 118.67; 1.2137 Swiss francs, down from 1.2204; and 1.1492 Canadian dollars, down from 1.1586.
The British pound traded at $1.9713, down from $1.9753.
In midday New York trading, the dollar bought 118.61 yen and 1.2137 Swiss francs, while the pound was worth $1.9713.
Gold traded in London at $674.50 per troy ounce, up from $672.60 late Wednesday. In Zurich, gold traded at $673.05, up from $671.60.
Silver traded in London at $13.68 per troy ounce, up from $13.52.
