TOKYO, Oct 11 (Reuters) Gold inched up on Thursday, supported by firm oil prices, but lacked the drive to breach key resistance levels, while Tokyo futures dipped.
-- By 0119 GMT, spot gold
-- COMEX futures rose in Asia, with the most active December contract
-- NYMEX crude for November delivery
-- The key August 2008 gold contract on the Tokyo Commodity Exchange <0JAU:> fell 5 yen or 0.2 percent to 2,817 yen per gram.
-- Germany's Budesbank told Reuters on Wednesday that it will hold on to the vast bulk of its gold reserves in the next 12 months, selling only enough bullion to mint coins.
[ID:nL10107458] -- In investment news, BlackRock fund manager Graham Birch, who manages $9.4 billion in gold equities, said he expects gold prices to gain further this year and a gently rising trend to be sustained in the long term, with demand from China playing a key role. [ID:nL10417836] -- Platinum
Reuters DKS VP0737