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By Staff
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Google Oneindia News

SINGAPORE, July 10 (Reuters) Gold dipped on Tuesday due to profit taking after rising to its highest in more than a month the previous day, while Tokyo futures extended gains with the key contract rising to its best level in nearly three weeks.

-- Spot gold fell to $659.30/660.10 an ounce from $660.80/661.60 late in New York on Monday, when the metal rallied to its highest since June 7 at $662.80 an ounce because of a weak dollar and surging oil prices.

-- The most active June 2008 gold futures contract on the Tokyo Commodity Exchange hit an intraday high of 2,647 yen, its highest since June 20, before dipping to 2,641 yen, still 9 yen higher than Monday's close.

-- The euro hardly changed at $1.3623 .

-- Platinum fell to $1,294/1,299 an ounce from $1,303/1,307 an ounce.

-- Silver was steady at $12.71/12.74 an ounce, having risen to its highest in nearly two weeks at $12.85 an ounce on Monday.

-- Palladium fell to $366/371 an ounce from $367/370.

Precious metals prices at 0046 GMT Last Net Change Pct Move Turnover (lots) TOCOM Gold 2642.00 10.00 +0.38 14886 TOCOM Platinum 5084.00 -4.00 -0.08 7738 TOCOM Silver 507.60 -1.00 -0.20 400 TOCOM Palladium 1479.00 4.00 +0.27 174 Spot Gold 659.30 Spot Platinum 1294.00 Spot Silver 12.71 Spot Palladium 366.00 Change so far in 2007 Metal Latest bid End prev year Pct Move TOCOM Gold 2642.00 2445.00 +8.06 TOCOM Platinum 5084.00 4254.00 +19.51 TOCOM Silver 507.60 493.30 +2.90 TOCOM Palladium 1479.00 1255.00 +17.85 Spot Gold 659.30 636.10 +3.65 Spot Platinum 1294.00 1132.00 +14.31 Spot Silver 12.71 12.85 -1.09 Spot Palladium 366.00 332.00 +10.24 Euro/Dollar $1.3621 Dollar/Yen 123.21 TOCOM prices in yen per gram, except TOCOM silver which is priced in yen per 10 grams spot prices in $ per ounce.

Reuters SBA VP0652

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