NEW YORK, Jan. 25 (UPI) -- Gold prices dropped modestly Monday, as the dollar index was flat, falling 0.14 percent.

On the Comex division of the New York Mercantile Exchange, gold shed $10.90 per troy ounce to $1,333.60 as investors turned to equity markets, which rose briskly.

February-delivery light, sweet crude oil prices also lost ground, dropping $1.66 cents to $86.21 per barrel.

The dollar dropped against the euro and the yen. The euro rose to $1.3688 from Monday's $1.3645. Against the yen, the dollar fell to 82.18 yen from Monday's 82.49 yen.

The dollar was mixed in Asia and mostly lower in Europe. Against the Indian rupee the dollar rose to 45.65 rupee from 45.475 rupee. The U.S. dollar fell to 7.7886 Hong Kong dollar from 7.7973 HKD. The dollar rose to 1,119 South Korean won from 1,118.44 won.

Against the Canadian dollar, the U.S. standard rose to $0.9965 from $0.9945.