RPT-PRECIOUS-Gold inches closer to $1,000/oz

(Repeats to additional subscribers)

TOKYO, Sept 8 (Reuters) - Gold inched up on Tuesday as the
dollar's weakness, concerns about the sustainability of global
economic recovery and worries of future inflation underpinned
sentiment, with traders eyeing $1,000 an ounce.

FUNDAMENTALS

* Spot gold XAU= edged up 0.1 percent to $995.70 per ounce,
compared to New York's notional close of $993.85. It was quoted
at $993.40 late in New York on Friday. The price rose as high as
$997.20 last week -- its highest since February, when it briefly
topped $1,000. U.S. markets were closed on Monday for Labor Day
holiday.

* U.S. gold futures for December delivery GCZ9 were at
$997.90 per ounce, after settling at $996.70 on Friday. The
contract rose to $999.50 on Thursday, the highest price since
February.

* The world's largest gold-backed exchange-traded fund, the
SPDR Gold Trust (GLD), said holdings stood at 1,077.63 tonnes as
of Sept. 7, unchanged from Friday. [GOL/SPDR]

MARKET NEWS

* Japan's Nikkei stock average .N225 is likely to edge
higher on Tuesday, bolstered by gains in European stocks, with a
slight weakening of the yen boosting Canon Inc 7511.T and other
exporters. [.T]

* The dollar was steady after falling the previous day as a
weekend meeting of global finance chiefs boosted investor
appetite for growth-related "riskier" assets like commodities and
stocks. [FRX/] FXNEWS

DATA EVENTS

* The following data is expected on Tuesday: ECON

- Japan economy watchers poll for August. (0500 GMT)

- German July trade data. (0600 GMT)

- UK July manufacturing and industrial production. (0830 GMT)

- German July industrial output. (1000 GMT)

- U.S. employment trend index for August. (1400 GMT)

- European Central Bank Governing Council member Alex Weber
speaks. (1445 GMT)

- U.S. consumer credit for July. (1900 GMT)

- ABC U.S. weekly consumer comfort index. (2100 GMT)

RELATED NEWS

>Gold steady below $1,000; silver hits 13-mth high [GOL/]

>Oil pushes towards $69; G20 lifts sentiment [ID:nSYD480373]

>SAfrica workers end platinum mine strike [ID:nL717929]

>OPEC to eye econ stimulus, not just oil supply [ID:nL7696925]

>HK gold premiums at 3-mth lows;India buy eases [ID:nSP484948]

PRICES

Precious metals prices at 2342 GMT
Metal Last Change Pct chg Day ago pct MA 30 RSI
Spot gold $995.45 $1.60 +0.16% +10.98% $860.10 82
Spot silver $16.28 -$0.01 -0.06% +35.89% $11.29 87
Spot plat $1260.50 $5.50 +0.44% +32.82% $948.98 65
COMEX gold $996.30 $108.10 +12.17% +10.76% $857.64 80
TOCOM gold 2,980 397 +15.37% +14.22% 2,476 70
TOCOM plat 3,772 1032 +37.66% +36.42% 2,659 54
Currencies
Euro/dlr $1.434 $0.120 +9.15% +8.81%
Dlr/yen 92.98 2.60 +2.88% +4.57%
(Reporting by Chikako Mogi; Editing by Rodney Joyce)