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Written by: Staff

SINGAPORE, Mar 13 (Reuters) Gold rebounded on Monday after falling around 1 percent in New York as the dollar surged against other currencies following strong U.S. payroll data.

Dealers expected choppy trade within a range of $540 to $548 an ounce.

-- Spot gold rose to $543.25/544.25 an ounce from $539.90/540.80 late in the U.S. market on Friday, when it had dropped to $533.60 as the dollar rallied on expectations of further interest rate hikes in the United States.

-- Benchmark gold futures on the Tokyo Commodity Exchange, currently February 2007, was 4 yen higher at 2,103 yen per gram. -- The dollar was steady against the yen at 118.92 yen -- Spot silver was unchanged at $9.93/9.96 an ounce.

-- Platinum rose to $1,009/1,014 from $1,006/1,010 an ounce in New York.

-- Palladium was steady from New York levels at $286/291 an ounce.

Precious Metals Prices by 0048 GMT* Last Net Change Pct Move Gold 542.25 0.75 +0.14 TOCOM Gold 2095.00 4.00 +0.19 Platinum 1007.00 1.00 +0.10 Palladium 286.00 0.00 +0.00 Silver 9.93 -0.01 -0.10 Change so far in 2006 Metal Latest bid End prev year Pct Move Gold 542.25 517.20 +4.84 TOCOM Gold 2095.00 1973.00 +6.18 Platinum 1007.00 968.00 +4.03 Palladium 286.00 254.00 +12.60 Silver 9.93 8.81 +12.71 * The closing prices used to calculate the net change may differ from New York's last quoted prices.

Reuters AD VP0742

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