Get Updates
Get notified of breaking news, exclusive insights, and must-see stories!

Gold steady but off one-week high, Tokyo drops

SINGAPORE, June 19 (Reuters) Gold was little changed on Tuesday but within sight of a one-week high hit the previous day, while Tokyo futures shrugged off a weak yen and dropped on profit taking.

-- Spot gold was at $656.40/657.90 an ounce, unchanged from late New York levels on Monday, when it rose to its highest level in a week at $659.05 an ounce.

-- Key April 2008 gold futures on the Tokyo Commodity Exchange fell 4 yen per gram to 2,639 yen, having risen to its highest in more than a week to 2,644 yen on Monday.

-- The yen hit a record low versus the euro and held near a 4-{ year trough against the dollar on Tuesday, pressured by the view that Japanese interest rate rises will be outpaced by those of other central banks.

-- The euro rose to a new record high of 166.03 yen in early Asian trade, before trimming gains to 165.92 yen on options-related euro selling. The dollar was steady at 123.65 yen , staying near 123.76 yen, its 4-{ year high hit on Monday.

-- Silver inched up to $13.22/13.26 an ounce from $13.21/13.25 late in New York.

-- Platinum rose to $1,292/1,297 an ounce from $1,290/1,294 an ounce.

-- Palladium barely changed at $369/374 an ounce.

Precious metals prices at 0058 GMT Last Net Change Pct Move Turnover (lots) TOCOM Gold 2639.00 -4.00 -0.15 16575 TOCOM Platinum 5090.00 3.00 +0.06 20017 TOCOM Silver 528.80 -2.70 -0.51 491 TOCOM Palladium 1493.00 -2.00 -0.13 393 Spot Gold 656.40 Spot Platinum 1292.00 Spot Silver 13.22 Spot Palladium 369.00 Change so far in 2007 Metal Latest bid End prev year Pct Move TOCOM Gold 2639.00 2445.00 +7.93 TOCOM Platinum 5090.00 4254.00 +19.65 TOCOM Silver 528.80 493.30 +7.20 TOCOM Palladium 1493.00 1255.00 +18.96 Spot Gold 656.40 636.10 +3.19 Spot Platinum 1292.00 1132.00 +14.13 Spot Silver 13.22 12.85 +2.88 Spot Palladium 369.00 332.00 +11.14 Euro/Dollar $1.3427 Dollar/Yen 123.64 TOCOM prices in yen per gram, except TOCOM silver which is priced in yen per 10 grams spot prices in $ per ounce.

REUTERS SBA BST0635

Notifications
Settings
Clear Notifications
Notifications
Use the toggle to switch on notifications
  • Block for 8 hours
  • Block for 12 hours
  • Block for 24 hours
  • Don't block
Gender
Select your Gender
  • Male
  • Female
  • Others
Age
Select your Age Range
  • Under 18
  • 18 to 25
  • 26 to 35
  • 36 to 45
  • 45 to 55
  • 55+