Gold rises above $920 as dollar falls against euro

NEW YORK (MarketWatch) -- Gold futures rose Monday to end above $920 an ounce for the first session in a week, as the dollar fell against the euro, raising the metal's investment appeal.

Gains in gold, however, were limited by tumbling oil prices, which reduce gold's attractiveness as a hedge against inflation.

August gold rose $10, or 1.1%, to end at $922.50 an ounce on the Comex division of the New York Mercantile Exchange, ending above $920 an ounce for the first session since July 7.

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