LONDON (Reuters) - Gold prices gained nearly 2 percent on Wednesday to push above $940 an ounce in Europe as the dollar extended losses against a basket of currencies after U.S. CPI data for June, which showed a rise in consumer prices.
Spot gold rose to a two week high of $941.20 and was bid at $939.05 an ounce at 1256 GMT, against $924.60 an ounce late in New York on Tuesday.
