NEW YORK, Aug. 15 (UPI) -- Investors pushed gold prices higher Monday, as the dollar index fell 0.94 percent.
Gold prices usually escalate as the dollar loses value, as it becomes more affordable to buyers from overseas.
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The dollar dropped throughout Asia and Europe and gold prices responded, gaining $25.90 on the Comex division of the New York Mercantile Exchange to $1,768.50 per troy ounce.
The euro was higher at $1.4446 from Friday's $1.4249. Against the yen, the dollar traded at 76.83 yen from Friday's 76.69 yen.
The British pound rose to $1.6391 from $1.6278. The U.S. standard rose to 45.24 rupees from 45.30 rupees.
Against the Hong Kong dollar, the U.S. dollar was 7.789 Hong Kong dollars from 7.7929 HKD.
