Gold pares early gains, platinum off 2-week low
SINGAPORE, Nov 20 (Reuters) Gold was volatile on Monday as it awaited direction from the currency market, while platinum rebounded after falling to its lowest in two weeks last week on fund selling.
-- Spot gold hit a high of $623.60 an ounce and was at $621.90/622.90 by 0035 GMT, slightly higher than $621.10/622.10 late in New York on Friday, when fell to its lowest in nearly a week around $614 before bouncing back on a weaker dollar and as oil trimmed losses.
-- Benchmark gold futures on the Tokyo Commodity Exchange added seven yen per gram to 2,386 yen per gram.
-- The dollar inched up against the yen, shrugging off a weekend meeting of Group of 20 countries that discussed currency values but offered few surprises.
-- The dollar edged up to 117.90 yen from around 117.75 yen in late U.S. trading on Friday. The euro was little changed at $1.2825 .
-- Platinum rose to $1,189/1,194 an ounce from $1,185/1,191 in New York.
-- The metal had fallen to a two-week low of $1,138 on Friday as investors ditched the metal following a supply and demand report by Johson Matthey, the world's top platinum distributor.
-- Silver edged up to $12.78/12.85 an ounce from $12.75/12.82 late in New York.
-- Palladium was unchanged at $317/322 an ounce.
REUTERS DKS PM0626


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