PRECIOUS-Gold stable after New York decline

TOKYO, Sept 24 (Reuters) - Spot gold was stable on Thursday
after ending lower in the previous session as a stronger dollar
eroded the precious metal's allure as a hedge against the U.S.
currency.

Traders in Tokyo return to the market after a three-day break
from Monday to Wednesday due to a series of national holidays.

FUNDAMENTALS

* Gold XAU= was at $1,007.45 per ounce at 2340 GMT, little
changed from the notional close in New York of $1,007.05.

* U.S. gold futures for December delivery GCZ9 were at
$1,009.40 per ounce, down 0.5 percent.

* The world's largest gold-backed exchange-traded fund, the
SPDR Gold Trust (GLD), said its holdings stood at 1,101.735
tonnes as of Sept 23, unchanged from the previous business day.
[GOL/SPDR]

MARKET NEWS

* The dollar rebounded from a one-year low against the euro
on Wednesday as U.S. stocks reversed gains sparked by an
optimistic statement from the Federal Reserve on the economic
outlook. [USD/]

* U.S. stocks fell on Wednesday as investors worried the
Federal Reserve is closer to pulling back on extraordinary
measures to inject funding to shore up the economy. [.N]

* Oil dropped nearly 4 percent to below $69 a barrel on
Wednesday after U.S. government data showed a big jump in crude
and products stockpiles, stirring concerns about demand in the
world's top energy consumer.

DATA EVENTS

* The following data is expected on Thursday: ECON

- Swedish September consumer confidence (0715 GMT)

- Swedish August producer prices (0730 GMT)

- Italy July trade data (0800 GMT)

- Germany September IFO survey (0800 GMT)

- Weekly U.S. jobless claims (1230 GMT)

- U.S. August existing home sales (1400 GMT)

- Kansas City September Fed survey (1500 GMT)

RELATED NEWS
>Gold stays lower as dollar rebounds after FOMC [GOL/]
>COMMODITIES-Down, surging inventories spook investors[COM/WRAP]
>Federal Reserve says U.S. recovery is underway [ID:nN23390829]
>Oil drops nearly 4 pct on surprise US stock build[ID:nSP519601]

PRICES

Precious metals prices at 2334 GMT
Metal Last Change Pct chg Day ago pct MA 30 RSI
Spot gold $1007.40 $0.35 +0.03% +12.31% $860.10 60
Spot silver $16.75 $0.04 +0.24% +39.82% $11.29 56
Spot plat $1318.50 $0.00 +0.00% -1.01% $1281.35 58
TOCOM gold 2,986 5 +0.17% -0.57% 2,919
TOCOM plat 3,917 2 +0.05% -0.73% 3,784
Currencies
Euro/dlr $1.471 -$0.002 -0.13% -0.52%
Dlr/yen 91.45 0.14 +0.15% +0.35%
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; Editing by Edwina Gibbs)