SINGAPORE, Feb 28 (Reuters) - Gold firmed on Thursday,
holding near a record hit the previous day with investors
watching currencies for direction.
-- Gold <XAU=> rose to $959.70/960.50 an ounce from
$957.50/958.30 late in New York. Gold rallied to an all-time high
of $964.70 an ounce on Wednesday as the dollar tumbled against
other currencies on possible U.S. interest rate cuts.
-- Silver <XAG=> edged up $19.31/19.36 an ounce from
$19.22/19.27 an ounce, having reached a 27-year peak of $19.45 on
Wednesday.
-- The dollar dropped to all-time lows against the euro and a
basket of currencies on Wednesday after Federal Reserve Chairman
Ben Bernanke signaled further interest rate cuts in the fight to
avert a U.S. recession. [ID:nN27478303]
-- Spot platinum <XPT=> dipped to $2,129/2,136 from
$2,130/2,140 an ounce late in New York and off last week's record
of $2,192 an ounce.
-- The most active February 2009 contract <0#JPL:> on the
Tokyo Commodity Exchange shed 127 yen per gram to 7,130 yen.
-- Palladium <XPD=> hardly changed at $550/554 an ounce.
Precious metals prices at 0030 GMT
Metal Last Change Pct chg YTD pct chg Turnover
Spot Gold 959.70 2.70 +0.28 15.25
Spot Silver 19.31 0.09 +0.47 30.74
Spot Platinum 2129.00 -1.00 -0.05 40.07
Spot Palladium 550.00 0.00 +0.00 49.46
TOCOM Gold 3307.00 -12.00 -0.36 8.07 12976
TOCOM Platinum 7130.00 -127.00 -1.75 33.55 6313
TOCOM Silver 665.90 -2.90 -0.43 23.09 345
TOCOM Palladium 1964.00 -6.00 -0.30 45.37 5719
Euro/Dollar 1.5114
Dollar/Yen 106.29
TOCOM prices in yen per gram, except TOCOM silver which is
priced in yen per 10 grams. Spot prices in $ per ounce.
(Reporting by Lewa Pardomuan; Editing by Jan Dahinten)
(([email protected]; +65 6870 3834; Reuters
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