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SINGAPORE, July 25 (Reuters) Gold fell on Wednesday on profit taking after rallying to an 11-week high the previous day, while Tokyo futures dropped on a firmer yen.
-- Spot gold dipped to $680.40/681.10 an ounce from $682.60/683.40 an ounce late in New York on Tuesday, when a record-low dollar propelled gold to as high as $$687.10 an ounce.
-- Most active June 2008 gold futures on the Tokyo Commodity Exchange fell 12 yen per gram to 2,658 yen.
-- The most active December contract on the recently launched ''mini'' gold futures contract fell 9 yen per gram to 2,645 yen.
-- The dollar was flat at 120.11 yen . The euro hardly changed at $1.3811 after jumping to a record high of $1.3853 on Tuesday, according to electronic platform EBS.
-- Dealers awaited Federal Reserve's Beige Book survey of U.S.
economic conditions. U.S. existing home sales data for June is also due on Wednesday.
-- Platinum rose to $1,322/1,327 an ounce from $1,320/1,325 late in New York.
-- Silver edged down to $13.26/13.30 an ounce from $13.28/13.33 an ounce. It rallied to a seven-week high of $13.48 on Tuesday.
-- Palladium hardly moved at $366/370 an ounce.
Precious metals prices at 0051 GMT Last Net Change Pct Move Turnover (lots) TOCOM Gold 2654.00 -16.00 -0.60 29013 TOCOM Platinum 5064.00 -37.00 -0.73 10706 TOCOM Silver 514.00 -2.70 -0.52 713 TOCOM Palladium 1437.00 -26.00 -1.78 432 Spot Gold 680.50 Spot Platinum 1322.00 Spot Silver 13.26 Spot Palladium 366.00 Change so far in 2007 Metal Latest bid End prev year Pct Move TOCOM Gold 2654.00 2445.00 +8.55 TOCOM Platinum 5064.00 4254.00 +19.04 TOCOM Silver 514.00 493.30 +4.20 TOCOM Palladium 1437.00 1255.00 +14.50 Spot Gold 680.50 636.10 +6.98 Spot Platinum 1322.00 1132.00 +16.78 Spot Silver 13.26 12.85 +3.19 Spot Palladium 366.00 332.00 +10.24 Euro/Dollar $1.3805 Dollar/Yen 119.90 TOCOM prices in yen per gram, except TOCOM silver which is priced in yen per 10 grams spot prices in $ per ounce.
REUTERS CS PM0704


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