Gold and silver perking up today on weakening major currencies

Gold rose in response to the degrading Eurozone crisis.   In the euro gold again touched new highs at €1,080.41.   In the dollar it rose to $1,519 ahead of London’s opening, in Asia.   The dollar stands at $1.4065 early in London.

At the London Fix this morning, gold was set at $1,520.75 and in the euro at €1,078.85, up from yesterday and approaching €1,100.   The dollar gold price, because of the dollar’s performance is still well below peak prices.