Wednesday, October 25, 2006

The U.S. dollar fell Wednesday against other major currencies in European trading. Gold prices rose.

The euro was quoted at $1.2571, up from $1.2566 late Tuesday in New York.

Other dollar rates compared with late rates Tuesday included: 119.11 Japanese yen, down from 119.27; 1.2654 Swiss francs, down from 1.2661, and 1.1282 Canadian dollars, up from 1.1254.

The British pound was quoted at $1.8764, up from $1.8742.

Gold traded in London at $581.60 bid per troy ounce, up from $581.00 late Tuesday. In Zurich, gold traded at $582.40, up from $579.60. Gold rose $3.50 in Hong Kong to close at $581.90.

Silver opened in London at $11.42, down from $11.51.