PRECIOUS-Gold extend gains as dollar slides, ETF steady

                                
 TOKYO, Sept 14 (Reuters) - Gold prices extended gains on
Monday, encouraged by the dollar's slide, as investors shifted
money out of the low-yielding dollar.
                                
 FUNDAMENTALS
                                
 * Spot gold <XAU=> rose 0.4 percent to $1,008.70 per ounce as
of 0001 GMT, compared to New York's notional close of $1,004.85.
It hit $1,011.55 on Friday, its highest since March 2008.
                                
 * Gold jumped 1 percent on Friday, closing above $1,000 an
ounce for the first time since March 2008 as a slumping dollar
and inflation fears stirred investment demand for bullion.
                                
 * U.S. gold futures for December delivery <GCZ9> rose 0.3
percent to $1,009.90 per ounce, compared to $1,006.40 an ounce on
the COMEX division of the New York Mercantile Exchange. The
session high was $1,013.70, the highest price since Feb. 20.
                                
 * The world's largest gold-backed exchange-traded fund, the
SPDR Gold Trust <GLD>, said its holdings stood at 1,077.63 tonnes
as of Sept 13, unchanged from the previous business day.
[GOL/SPDR]
                                
 * Noncommercial net long U.S. gold futures positions rose to
224,676 lots in the week to Sept. 8 from 184,501 lots, a weekly
report by the U.S. Commodity Futures Trading Commission showed.
[ID:nN11460788]
                                
 MARKET NEWS
                                
 * Nikkei average fell 0.8 percent. [.T]
                                
 * U.S. stocks broke a five-day winning streak on Friday on a
drop in crude oil prices but posted solid gains for the week.
[.N]
                                
 * The yen was broadly higher on Monday, with talk of Japanese
repatriation helping it strike a fresh 7-month high against the
dollar, which was undermined by falling U.S. Treasury yields. On
Friday, the dollar hit its lowest level this year against the
euro. [USD/]
                                
 DATA EVENTS
                                
 * The following data is expected on Monday: <ECON>
                                
 - Euro zone Q2 employment data. (0900 GMT)
                                
 - Euro zone July industrial production. (0900 GMT)
                                
 - U.S. President Barack Obama delivers a speech. (N/A)
                                
 RELATED NEWS
>Gold jumps 1 pct, closes above $1,000 an ounce            [GOL/]
>Gold mining execs meet in Denver among the bulls [ID:nN11439546]
>Italy 2009 gold jewellery sales seen down 20 pct  [ID:nLC335777]
>CHina Jan-July gold output +13.4 pct yr/yr-paper [ID:nPEK104032]
>Oil pauses after 4 pct drop, steadies above $69            [O/R]
>China blasts US tyre duties as protectionist blow[ID:nPEK102613]
                                
 PRICES
                                
 Precious metals prices at 0007 GMT
 Metal         Last      Change  Pct chg  Day ago pct  MA 30  RSI
 Spot gold    $1007.70    $2.85  +0.28%   +12.34%    $860.10   83
 Spot silver    $16.77    $0.03  +0.18%   +39.98%     $11.29   86
 Spot plat    $1310.00   -$5.50  -0.42%   +38.04%    $948.98   73
 COMEX gold   $1008.20  $120.00 +13.51%   +12.08%    $857.64   82
 TOCOM gold      2,945      362 +14.01%   +12.88%      2,476   54
 TOCOM plat      3,816     1076 +39.27%   +38.01%      2,659   57
 Currencies
 Euro/dlr       $1.456   $0.143 +10.85%   +10.50%
 Dlr/yen         90.51     0.13  +0.14%    +1.79%
 (Reporting by Chikako Mogi)