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MW:Gold shakes off dollar gains to press higher
 
By Barbara Kollmeyer
MADRID (MarketWatch) -- Gold futures inched higher in European trading hours on Monday, which came despite a rise in the U.S. dollar. Gold for December delivery GCZ2 +0.22% rose $2.20 to $1,625 an ounce, while the dollar index DXY -0.11% , which measures the dollar against a basket of six other units, rose to 82.626 from 82.541 late Friday. Among other metals, September silver SIU2 -0.10% fell 8 cents to $27.99 an ounce. October platinum PLV2 +0.16% rose 30 cents to $1,400.20 an ounce. The economic calendar is quiet in the U.S. on Monday, though European and Asia stock markets were weighed by news of a sharper cooling in Japanese economic growth.
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