USD 64.429

+0.31

EUR 71.2391

+0.64

BRENT 63.86

+0.22

AI-92 42.37

-0.03

AI-95 46.12

+0.01

AI-98 51.87

-0.02

Diesel 46.15

0

22

Gold Rose on Weak Dollar

Gold rose in early European trade today, hovering close to a 10-week high

Gold rose in early European trade today, hovering close to a 10-week high hit in the previous session, as a weak dollar supported prices.

"In the medium-term, gold does look a little overbought, but last week’s rally looks as if the bulls may test the next level of technical resistance at $693,40," a Standard Bank report said.

Spot gold stood at $683,00 an ounce in early trade, versus $682,90 late in New York on Friday, when gold touched $686,00, the highest since May 9.