SINGAPORE, Aug 28 (Reuters) Gold held near New York levels on Tuesday, lacking the impetus to rise
SINGAPORE, Aug 28 (Reuters) Gold held near New York levels on Tuesday, lacking the impetus to rise as fears of a global credit crisis lingered, while Tokyo futures shed the previous day's gains on profit taking.
-- Spot gold was at $666.20/667.00 an ounce, barely changed from $666.40/667.20 late in New York on Monday.
-- Most active June 2008 gold futures on the Commodity Exchange fell 18 yen per gram to 2,500 yen, having risen to its best level in more than a week at 2,526 yen on Monday on a weaker yen.
-- Investors showed no sign of abandoning their positions in bullion exchange-traded funds (ETFs) even though liquidity fears took a toll on sentiment in the commodity and financial markets.
-- Bullion used to back StreetTRACKS Gold Shares , the world's largest gold ETF by bar, climbed to a record 515.44 tonnes as of Friday. -- The dollar slid to 115.56 yen from 115.85 yen in Monday's late U.S. trade. The euro edged down to $1.3633 from $1.3645.
-- Of particular interest to investors will be developments this week regarding potential monetary policy responses to relatively high financial market volatility and toughening lending conditions, including a speech on Friday by Federal Reserve Chairman Ben Bernanke.
-- This week, investors will be especially focused on Bernanke's speech on Friday to see if he sheds light on whether market developments require additional monetary policy responses.
-- Platinum rose to $1,250/1,255 an ounce from $1,248.50/1,255.50 an ounce late in New York.
-- Palladium rose to $328/333 an ounce from $327/331 late in New York.
-- Silver edged down to $11.74/11.77 an ounce from $11.78/11.81 an ounce.
Precious metals prices at 0047 GMT Last Net Change Pct Move Turnover (lots) TOCOM Gold 2499.00 -19.00 -0.75 16238 TOCOM Platinum 4599.00 -16.00 -0.35 4921 TOCOM Silver 440.10 -9.90 -2.20 753 TOCOM Palladium 1239.00 -5.00 -0.40 109 Spot Gold 666.10 Spot Platinum 1249.00 Spot Silver 11.74 Spot Palladium 328.00 Change so far in 2007 Metal Latest bid End prev year Pct Move TOCOM Gold 2499.00 2445.00 +2.21 TOCOM Platinum 4599.00 4254.00 +8.11 TOCOM Silver 440.10 493.30 -10.78 TOCOM Palladium 1239.00 1255.00 -1.27 Spot Gold 666.10 636.10 +4.72 Spot Platinum 1249.00 1132.00 +10.34 Spot Silver 11.74 12.85 -8.64 Spot Palladium 328.00 332.00 -1.20 Euro/Dollar $1.3630 Dollar/Yen 115.55 TOCOM prices in yen per gram, except TOCOM silver which is priced in yen per 10 grams spot prices in $ per ounce.
Reuters RKM VP0640


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