FXS: PRECIOUS-Gold rises as Bernanke comments weigh on dollar
* Dollar wilts vs euro, currency basket on Bernanke comments * Oil prices recover, rise back above $74/bbl * Chinese November car sales almost double By Jan Harvey
LONDON, Dec 8 (Reuters) - Gold rose 0.5 percent in Europe on Tuesday after comments by Federal Reserve Chairman Ben Bernanke on the U.S. economic outlook curbed the dollar's recovery, boosting interest in the precious metal as an alternative asset.
Investors have been attracted back into gold after the metal posted a three-session decline, analysts said.
Spot gold was bid at $1,163.30 an ounce at 1019 GMT, against $1,156.90 late in New York on Monday. In that session it fell to a two-week low of $1,135.80, having touched a record $1,226.10 on Dec. 3.