Gold futures approach $1,795.10 an ounce

The precious metal for December delivery went up by $1,795.10 an ounce on the Comex division, New York Mercantile Exchange in Asian trading. Lower dollar stimulates purchasing of dollar-priced commodities like gold as they become more profitable investment option for  other currency holders. Other metals also gained on weaker dollar, copper rose by 3% to $3.57 a pound and silver was up by 0.4% to $34.81 an ounce.