Dollar Higher, Gold Up in Europe

The U.S. dollar traded higher against the other major currencies in European trading Thursday. Gold rose. The euro traded at $1.3355, down from $1.3381 late Wednesday in New York. Later, in midday trading in New York, the euro fetched $1.3358.Other dollar rates in Europe, compared with late Wednesday, included 117.80 Japanese yen, up from 117.47; 1.2113 Swiss francs, up from 1.2089; and 1.1572 Canadian dollars, up from 1.1541.The British pound traded at $1.9678, down from $1.9687.In midday New York trading, the dollar bought 117.84 yen and 1.2118 Swiss francs, while the pound was worth $1.9675.Gold traded in London at $663.60 per troy ounce, up from $658.50 late Wednesday. In Zurich, gold traded at $662.30, up from $656.70. Gold closed at $665.40 an ounce on Thursday in Hong Kong, up $4.80 an ounce from Wednesday's close of $660.60.Silver traded in London at $13.39 per troy ounce, up from $13.20.