LONDON (Reuters) - Gold prices rose 2 percent in Europe on Monday, lifted by a slide in the value of the dollar versus the euro and speculation that last year's monetary stimulus may lead to rising inflation in 2010.
Spot gold hit a high of $1,118.60 an ounce and was bid at $1,118.55 an ounce at 1112 GMT, against $1,096.35 late in New York on Friday.