(Repeats to remove extraneous table)
TOKYO, Jan 7 (Reuters) - Gold prices inched lower on Thursday
after reaching a three-week high above $1,140 per ounce the
previous day on fresh new year investment flows.
FUNDAMENTALS
* Spot gold <XAU=> was at $1,136.35 an ounce as of 2358 GMT,
compared to New York's notional close of $1,137.90.
* U.S. gold futures for February delivery <GCG0> were at
$1,137.00 per ounce. The contract settled up $17.80 on Wednesday,
or 1.6 percent, at $1,136.50 on the COMEX division of the NYMEX.
* The market is focusing on key U.S. non-farm payrolls data
for December due on Friday.
* Spot platinum <XPT=> hit a peak of $1,561 on Wednesday, its
highest since August 2008, on expectations of higher demand for
the metal. The auto industry, which is expected to pick up this
year, accounts for more than half the consumption of platinum.
* Its sister metal palladium <XPD=> hit a high of $427.50 per
ounce on Wednesday, its highest since July 2008.
* The world's largest gold-backed exchange-traded fund, SPDR
Gold Trust <GLD>, said its holdings fell to 1,123.869 tonnes as
of Jan. 6, down 4.876 tonnes or 0.4 percent from the pervious
business day. []
MARKET NEWS
* The dollar fell against the euro on Wednesday after minutes
from the U.S. Federal Reserve's latest policy meeting suggested
the possibility of more stimulus measures for the economy.
[]
* The dollar also pared gains versus the yen on Wednesday,
although it remained higher on the day. The yen had been
pressured by uncertainty surrounding the resignation of Japan's
finance minister.
* Japan named fiery Deputy Prime Minister Naoto Kan as
finance minister on Wednesday, turning to a politician with less
hawkish fiscal views than his predecessor and leaving bond
markets unsure the heavily indebted government would hold down
spending. []
* The Dow and S&P 500 inched higher, while the Nasdaq dipped
on Wednesday after Federal Reserve officials said they were still
worried about labour market weakness and a report on the services
sector showed only slight improvement in the economy. []
DATA EVENTS
* The following data is expected on Thursday: <ECON>
- Australia Nov retail sales (0030 GMT)
- Australia Nov trade balance (0030 GMT)
- Swiss Dec inflation (0815 GMT)
- Euro zone business climate/sentiment data, Dec (1000 GMT)
- Euro zone Nov retail sales (1000 GMT)
- German Nov industrial orders (1100 GMT)
- Bank of England rate decision (1200 GMT)
- Weekly U.S. jobless claims (1330 GMT)
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PRICES
Precious metals prices at 0001 GMT
Metal Last Change Pct chg Day ago pct MA 30 RSI
Spot gold $1135.40 -$2.50 -0.22% -1.94% $1131.24 69
Spot silver $18.12 -$0.06 -0.33% -0.33% $17.69 71
Spot plat $1555.50 $0.50 +0.03% +2.23% $1457.28 80
COMEX gold $1139.10 -$0.60 -0.05% +1.76% $1139.37 66
TOCOM gold 3,383 44 +1.32% +1.71% 3,290 71
TOCOM plat 4,635 83 +1.82% +3.30% 4,232 90
Currencies
Euro/dlr $1.440 -$0.001 -0.06% +0.54%
Dlr/yen 92.33 -0.22 -0.24% -0.72%
TOCOM prices in yen per gram and spot prices in $ per ounce.
(Reporting by Risa Maeda; Editing by Joseph Radford)
