LONDON -- The U.S. dollar fell Wednesday morning against most other major currencies in European trading. Gold prices rose.
The euro was quoted at $1.2229, up from $1.2196 Tuesday.
Other dollar rates compared with late rates Tuesday included: 103.95 Japanese yen, down from 105.63; 1.2760 Swiss francs, down from 1.2777, and 1.3037 Canadian dollars, down from 1.3062.
The British pound was quoted at $1.8340, up from $1.8283.
Gold dealers in London fixed a recommended price of $423.00 bid per troy ounce at midmorning, up from $420.70 late Tuesday. In Zurich, the bid was $422.38, up from $419.38.
Gold rose $4.40 in Hong Kong to $423.25.
Silver opened in London at $7.79 bid per troy ounce, up from $7.73.