SINGAPORE, Aug 6 (Reuters) - Platinum bounced on bargain
hunting on Wednesday after falling to its lowest level in more
than six months the previous day, while gold tumbled to a
seven-week low on weaker oil prices and firmer U.S. dollar.
-- Spot platinum <XPT=> rose to $1,565/1,575 an ounce from
$1,563.00/1,583.00 late in New York on Tuesday, when it hit an
intraday low of $1,517 an ounce on fears of falling demand for
autocatalysts due to poor car sales.
-- The most active Tokyo platinum contract for June 2009
delivery <0#JPL:> on the Tokyo Commodity Exchange rose 106 yen
per gram 5,432 in a technical rebound after tumbling by 300 yen
daily limit the previous day.
-- Gold <XAU=> edged up to $878.55/879.55 an ounce from
$876.35/877.95 late in New York. It hit an intraday low of $872.35
an ounce on Wednesday, its lowest level since June 16.
-- The dollar climbed to seven-week peaks against the euro
and a major currency basket on Tuesday, as oil prices plunged and
the Federal Reserve maintained its focus on quelling persistent
U.S. inflation pressure in the economy. [USD/]
-- Gold futures for December delivery <GCZ8> on the COMEX
division of the New York Mercantile Exchange added $0.7 to
$986.80 an ounce.
-- Spot palladium <XPD=> rose to $349.00/357.00 an ounce from
$346.00/354.00 late in New York.
-- Silver <XAG=> edged up to $16.52/16.58 an ounce from
$16.45/16.53 late in New York.
Precious metals prices at 0031 GMT
Metal Last Change Pct chg YTD pct chg Turnover
Spot Gold 879.10 5.85 +0.67 5.57
Spot Silver 16.52 0.12 +0.73 11.85
Spot Platinum 1564.00 1.00 +0.06 2.89
Spot Palladium 349.00 3.00 +0.87 -5.16
TOCOM Gold 3091.00 -7.00 -0.23 1.01 14061
TOCOM Platinum 5435.00 109.00 +2.05 1.80 5859
TOCOM Silver 581.60 -4.60 -0.78 7.50 250
TOCOM Palladium 1254.00 36.00 +2.96 -7.18 303
Euro/Dollar 1.5472
Dollar/Yen 108.40
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 Ben Tan)
(([email protected]; +65 6870 3834; Reuters
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