PRECIOUS-Gold holds steady, ETF holdings hits record

                                
 TOKYO, June 2 (Reuters) - Gold was steady on Tuesday as
investors continued to track moves in the dollar, the key factor
driving gold, which remains within striking distance of $1,000 an
ounce.
                                
 FUNDAMENTALS
                                
 * Gold <XAU=> was at $974.6 at 0015 GMT, up 0.1 percent from
New York's notional close of $973.95.
                                
 * U.S. gold futures for August delivery <GCQ9> were at $977.4
per ounce, down 0.3 percent from the previous day's settlement.
                                
 * The world's largest gold-backed exchange-traded fund, the
SPDR Gold Trust <GLD>, said its holdings hit a record 1,134.03
tonnes as of June 1, up 15.27 tonnes or 1.4 percent from the
previous business day. [GOL/SPDR]
                                
 * The world's largest silver-backed exchange-traded fund, the
iShares Silver Trust <SLV>, said its bullion holdings rose 260.36
tonnes from the previous day to a record 8,608.54 tonnes as of
June 1.
                                
 MARKET NEWS
                                
 * The dollar on Monday slid to its lowest this year against
the euro and a basket of currencies as stronger-than-expected
U.S. data and sharp gains in equities reduced safe-haven demand
for the greenback. [USD/]
                                
 * U.S. stocks rose on Monday as reassuring economic data
reinforced hopes that demand will stabilise, while General Motors
long-expected bankruptcy filing ended uncertainty about the
automaker's fate. [.N]
                                
 * Japan's benchmark Nikkei average <.N225> opened up 1
percent on Tuesday. [.T]
                                
 DATA EVENTS
                                
 * The following data is expected on Tuesday: <ECON>
                                
 - Swiss Q1 GDP data                       (0545 GMT)
                                
 - French April producer prices            (0645 GMT)
                                
 - Swiss May PMI                           (0730 GMT)
                                
 - UK April consumer credit                (0830 GMT)
                                
 - UK April mortgage applications, lending (0830 GMT)
                                
 - Euro zone April unemployment            (0900 GMT)
                                
 - Redbook Weekly U.S. retail sales        (1255 GMT)
                                
 - U.S. April pending home sales           (1400 GMT)
                                
 - U.S. auto sales for May                      (N/A)
                                
 RELATED NEWS
 > Gold ends down as dlr cuts losses, eyes $1,000          [GOL/]
 > Multi-month highs on weak dollar and better economy [COM/WRAP]
 > GM files for bankruptcy, Chrysler sale cleared [ID:nN01398575]
 > May U.S. manufacturing shrinks at slower pace  [ID:nN01259240]
 > Gold bars at a discount in HK, scrap sales slow [ID:nSP429029]
                                
 PRICES
                                
 Precious metals prices at 0012
  Metal         Last      Change  Pct chg  Day ago pct  MA 30 RSI
 Spot gold     $974.55    $0.60  +0.06%    +8.65%    $860.10  74
 Spot silver    $15.49   -$0.10  -0.64%   +29.30%     $11.29  74
 Spot plat    $1207.50   -$1.00  -0.08%    +1.73%   $1134.95  77
 COMEX gold    $975.90    $0.40  +0.04%    -0.38%    $927.25  78
 TOCOM gold      3,026        3  +0.10%    +0.53%      2,895
 TOCOM plat      3,766       35  +0.94%    +3.58%      3,547
 Currencies
 Euro/dlr       $1.415  -$0.001  -0.07%    +0.07%
 Dlr/yen         96.20    -0.36  -0.37%    +1.02%
 TOCOM prices in yen per gram, except TOCOM silver which is
priced in yen per 10 grams.  Spot prices in $ per ounce.
 (Reporting by Miho Yoshikawa)