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SINGAPORE, May 15 (Reuters) Gold firmed on Monday after the dollar sank to its lowest level in a year against the euro, while platinum fell ahead of the release of an industry report by Johnson Matthey, the world's top platinum distributor.

-- Spot gold rose to $719.50/720.25 an ounce from $714.10/715.10 late in New York on Friday, when it surged to a 26-year high of $730.

-- Benchmark gold futures on the Tokyo Commodity Exchange, currently April, rose 4 yen per gram to 2,582 yen, but a firm Japanese currency was likely to trim gains.

-- The euro was at $1.2918 after earlier rising to around $1.2970 -- its highest since May 2005.

-- Platinum fell to $1,308/1,316 an ounce from $1,312/1,320 late in New York. It had spiked to a record high of $1,334 on Friday on expectations that Johnson Matthey will produce a bullish report on the market.

-- JM will present its views on the market balance and price trends in its report due for release at 1200 GMT on Monday.

-- Palladium fell to $390/395 an ounce from $397/402.

-- Silver edged up to $14.42/14.52 from $14.33/14.43.

Precious Metals Prices by 0037 GMT* Last Net Change Pct Move Gold 719.50 5.20 +0.73 Platinum 1310.00 -4.00 -0.30 Palladium 390.00 -3.00 -0.76 Silver 14.45 0.13 +0.91 Change so far in 2006 Metal Latest bid End prev year Pct Move Gold 719.50 517.20 +39.11 Platinum 1310.00 968.00 +35.33 Palladium 390.00 254.00 +53.54 Silver 14.45 8.81 +64.02 * The closing prices used to calculate the net change may differ from New York's last quoted prices.

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