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SINGAPORE, Sep 13 (Reuters) Gold fell on Wednesday as fund selling persisted and the U.S. dollar stayed firm against other currencies.

-- Spot gold dropped to $583.75/584.50 an ounce from $587.80/589.30 an ounce late in New York on Tuesday, when it had fallen more than $3 an ounce.

-- The most active contract on Tokyo Commodity Exchange , currently August 2007, fell 47 yen per gram to 2,228 yen ($18.89).

-- Silver fell to its lowest level since July 26 to $10.96 an ounce, from $10.98/11.05 late in New York.

-- The dollar held near five-month highs against the yen as investors kept favouring currencies offering higher yields and shrugged off data showing the U.S. deficit swelled unexpectedly to a record in July.

-- The dollar slipped to 117.85 yen from near 117.95 in late New York trade, off Tuesday's peak at 118.15 yen on electronic trading platform EBS -- the strongest since mid-April.

-- The euro was little changed at $1.2685 , close to the six-week low of $1.2647 struck earlier in the week.

-- Platinum fell to $1,187/1,192 an ounce from $1,200/1,205 an ounce.

-- Palladium also fell to $307/312 an ounce from $318/322 late in New York.

Precious Metals Prices by 0052 GMT* Metal Last Net change Pct Move Gold 582.75 -4.45 -0.76 Platinum 1187.00 -13.00 -1.08 Palladium 307.00 -11.00 -3.46 Silver 10.94 -0.04 -0.36 Change in 2006 Metal Latest bid End prev year Pct Move Gold 582.75 517.20 +12.67 Platinum 1187.00 968.00 +22.62 Palladium 307.00 254.00 +20.87 Silver 10.94 8.81 +24.18 * The closing prices used to calculate the net change may differ from New York's last quoted prices.

($1=117.94 yen) REUTERS VJ PM0803