SINGAPORE, June 8 (Reuters) Gold fell to its lowest level in a week today on the back of a firm dollar and rising US treasury yields that offer a big potential draw for foreign investors.
-- Spot gold hit an intraday low of $657.60 an ounce before rebounding to $659.80/660.40 an ounce by 0042 GMT, hardly changed from $659.50/660.00 late in New York on Thursday.
-- Key April 2008 gold futures <0JAU:> on the Tokyo Commodity Exchange fell 51 yen per gram to 2,601 yen. It hit an intraday low of 2,593 yen, its lowest since May 31.
-- The euro was flat at $1.3422.
-- The dollar rose against most major currencies on Thursday as expectations for solid global economic growth launched US government debt yields above 5 percent.
-- Silver rose to $13.46/13.50 an ounce from $13.43/13.46 late in New York.
-- Platinum rose to $1,291/1,296 an ounce from $1,290/1,295 late in New York.
-- Palladium dipped to $365/370 an ounce from $366/370 an ounce.
Precious metals prices at 0044 GMT Last Net Change Pct Move Turnover (lots) TOCOM Gold 2602.00 -50.00 -1.89 32461 TOCOM Platinum 4986.00 -39.00 -0.78 12963 TOCOM Silver 526.70 -10.00 -1.86 1035 TOCOM Palladium 1451.00 -10.00 -1.16 222 Spot Gold 659.80 Spot Platinum 1291.00 Spot Silver 13.46 Spot Palladium 365.00 Change so far in 2007 Metal Latest bid End prev year Pct Move TOCOM Gold 2602.00 2445.00 +6.42 TOCOM Platinum 4986.00 4254.00 +17.21 TOCOM Silver 526.70 493.30 +6.77 TOCOM Palladium 1451.00 1255.00 +15.62 Spot Gold 659.80 636.10 +3.73 Spot Platinum 1291.00 1132.00 +14.05 Spot Silver 13.46 12.85 +4.75 Spot Palladium 365.00 332.00 +9.94 Euro/Dollar $1.3423 Dollar/Yen 121.22 TOCOM prices in yen per gram, spot prices in $ per ounce.
REUTERS PM SSC1120
-- Spot gold
-- Key April 2008 gold futures <0JAU:> on the Tokyo Commodity Exchange fell 51 yen per gram to 2,601 yen. It hit an intraday low of 2,593 yen, its lowest since May 31.
-- The euro was flat at $1.3422
-- The dollar rose against most major currencies on Thursday as expectations for solid global economic growth launched US government debt yields above 5 percent.
-- Silver
-- Platinum
-- Palladium
Precious metals prices at 0044 GMT Last Net Change Pct Move Turnover (lots) TOCOM Gold 2602.00 -50.00 -1.89 32461 TOCOM Platinum 4986.00 -39.00 -0.78 12963 TOCOM Silver 526.70 -10.00 -1.86 1035 TOCOM Palladium 1451.00 -10.00 -1.16 222 Spot Gold 659.80 Spot Platinum 1291.00 Spot Silver 13.46 Spot Palladium 365.00 Change so far in 2007 Metal Latest bid End prev year Pct Move TOCOM Gold 2602.00 2445.00 +6.42 TOCOM Platinum 4986.00 4254.00 +17.21 TOCOM Silver 526.70 493.30 +6.77 TOCOM Palladium 1451.00 1255.00 +15.62 Spot Gold 659.80 636.10 +3.73 Spot Platinum 1291.00 1132.00 +14.05 Spot Silver 13.46 12.85 +4.75 Spot Palladium 365.00 332.00 +9.94 Euro/Dollar $1.3423 Dollar/Yen 121.22 TOCOM prices in yen per gram, spot prices in $ per ounce.
REUTERS PM SSC1120
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