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Written by: Staff
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SINGAPORE, Apr 26 (Reuters) Gold held near New York levels on Wednesday, still consolidating after a heavy correction since last week, and was likely to trade in a $620 to $635 range, dealers said.

-- Spot gold was quoted at $631.00/632.00 an ounce, versus $630.60/631.60 late in New York on Tuesday and below a 25-year peak of $645.75 hit last week.

-- The new benchmark gold futures <0#JAU:> on the Tokyo Commodity Exchange, April, was quoted at 2,364 yen per gram. It had opened at 2,367 yen.

-- Silver was quoted at $12.77/12.87 an ounce, versus $12.54/12.64 in New York and off a 23-year peak of $14.68 hit last week.

Silver has soared as much as 67 percent this year on expectations that a new exchange-traded fund from Barclays Global Investors, under review by U.S. regulators, would give a strong lift to demand.

-- Platinum fell to $1,123/1,128 an ounce from $1,130/1,135 late in New York.

-- Palladium rose to $364/365 an ounce from $360/365.

Precious Metals Prices by 0039 GMT* Gold 631.00 1.20 +0.19 Platinum 1123.00 -7.00 -0.62 Palladium 364.00 4.00 +1.11 Silver 12.77 0.25 +2.00 Change so far in 2006 Metal Latest bid End prev year Pct Move Gold 631.00 517.20 +22.00 Platinum 1123.00 968.00 +16.01 Palladium 364.00 254.00 +43.31 Silver 12.77 8.81 +44.95 * The closing prices used to calculate the net change may differ from New York's last quoted prices.

REUTERS CS KN0930

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