LONDON, Nov 11 (Reuters) - The dollar slid to its lowest level against a basket of currencies in over a year on Wednesday, continuing its recent decline on the view U.S. interest rates will stay low for a protracted period of time.

Comments from Dallas Federal Reserve President Richard Fisher on Tuesday that the dollar's depreciation has so far been orderly also encouraged the market to continue betting against the greenback.

The dollar index, a measure of the currency's value against six major counterparts, fell a quarter of a percent on the day to a 15-month low of 74.831 .DXY.

The euro rose a third of a percent to $1.5034 EUR=, Reuters data showed, a two-week peak and within sight of last month's 2009 high of just over $1.5060.

Gold, whose direction is often inversely correlated to the dollar's, rose sharply too.