TOKYO, Oct 2 (Reuters) Gold edged down from a 28-year high on Tuesday as the dollar had recovered ground from record lows versus the euro, while platinum succumbed to profit-taking after approaching a record high.
-- Cash gold
-- The metal has hit new highs four times in less than two weeks.
-- Spot platinum
-- Japan's Mazda Motor Corp <7261.T> said on Monday it has developed the world's first catalyst for cars that employs single-nanotechnology to create a material structure that slashes platinum and palladium use by 70 to 90 percent. Mazda did not give the timing of when it would first employ the technology on a production model. [nT89365] -- Benchmark August 2008 gold futures <0JAU:> on the Tokyo Commodity Exchange rose 13 yen a gram, or 0.5 percent, to 2,799 yen as speculative buying continued in a move to catch up with bullion's rally.
-- Earlier, the August contract marked an intraday high of 2,804 yen, the highest for any benchmark since April 1985.
-- COMEX futures fell in Asia, with most-active December contract
-- The dollar held off record lows against the euro on Tuesday after investors trimmed bets against the U.S. currency on a rally in stocks the previous session ahead of a batch of U.S. economic data and central bank meetings.
-- The euro at $1.4235
-- Spot silver
-- Spot palladium
Precious metals prices at 0049 GMT Metal Last Change Pct chg YTD pct chg Turnover Spot Gold 744.70 -2.10 -0.28 17.15 Spot Silver 13.64 -0.05 -0.37 6.15 Spot Platinum 1378.00 -12.70 -0.91 21.73 Spot Palladium 354.00 -0.80 -0.23 6.63 TOCOM Gold 2796.00 10.00 +0.36 14.36 20832 TOCOM Platinum 5059.00 -19.00 -0.37 18.92 13270 TOCOM Silver 511.00 -3.40 -0.66 3.59 504 TOCOM Palladium 1343.00 41.00 +3.15 7.01 268 Euro/Dollar 1.4235 Dollar/Yen 115.71 TOCOM prices in yen per gram, except for silver which is in yen per 10 grams, spot prices in $ per ounce.
Reuters MP VP0734