SINGAPORE, Aug 15 (Reuters) Gold held steady on Wednesday but was under pressure because of firming
SINGAPORE, Aug 15 (Reuters) Gold held steady on Wednesday but was under pressure because of firming U.S. dollar, while Tokyo futures extended losses to track a drop in New York.
-- Spot gold was at 668.50/669.20 an ounce, flat from $668.30/668.90 late in New York on Tuesday, when it fell $1.20 as the dollar rose against other currencies.
-- In official gold sales, gold and gold receivables held by euro-zone central banks fell by 45 million euros ($61.12 million) in the week ending Aug. 10, compared with a high of 288 million in the week ending July 20, the European Central Bank said.
-- Most active June 2008 gold futures on the Tokyo Commodity Exchange fell 12 yen per gram to 2,553 yen, reflecting losses in New York's COMEX market.
-- The euro slipped to a six-week low against the dollar on Wednesday and high-yielding currencies stayed weak as investors continued to unwind risky positions on concerns that the fallout from U.S. subprime problems was spreading to other countries.
-- The euro nudged down to $1.3523 from $1.3533 in late New York trade to hit its lowest level since late June.
The dollar was little changed at 117.45 yen , within sight of a four-month low of 117.19 yen touched last week.
-- Platinum rose to $1,269/1,274 an ounce from $1,266.50/1,273.50 late in New York.
-- Silver edged down to $12.67/12.72 an ounce from $12.69/12.72 an ounce.
-- Palladium edged up to $350/355 an ounce from $349.50/353.50 an ounce late in New York on Tuesday, when it had dropped to $344 an ounce -- a five-month low.
Precious metals prices at 0052 GMT Last Net Change Pct Move Turnover (lots) TOCOM Gold 2550.00 -15.00 -0.58 17364 TOCOM Platinum 4772.00 -39.00 -0.81 11641 TOCOM Silver 482.40 -5.70 -1.17 508 TOCOM Palladium 1352.00 -15.00 -1.10 211 Spot Gold 668.50 Spot Platinum 1270.00 Spot Silver 12.69 Spot Palladium 350.00 Change so far in 2007 Metal Latest bid End prev year Pct Move TOCOM Gold 2550.00 2445.00 +4.29 TOCOM Platinum 4772.00 4254.00 +12.18 TOCOM Silver 482.40 493.30 -2.21 TOCOM Palladium 1352.00 1255.00 +7.73 Spot Gold 668.50 636.10 +5.09 Spot Platinum 1270.00 1132.00 +12.19 Spot Silver 12.69 12.85 -1.25 Spot Palladium 350.00 332.00 +5.42 Euro/Dollar $1.3526 Dollar/Yen 117.35 TOCOM prices in yen per gram, except TOCOM silver which is priced in yen per 10 grams spot prices in $ per ounce.
Reuters SBA VP0640


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