SINGAPORE, April 23 (Reuters) - Gold steadied above $920 an
ounce on Wednesday after modest gains the previous day driven
by a tumbling dollar and record high crude oil, which raised
its appeal as an alternative investment and a hedge against
inflation.
-- Gold XAU= was at $920.10/921.10 an ounce, hardly
changed from $920.65/922.05 an ounce late in New York on
Tuesday, when it hit an intraday high of $925.30 an ounce.
-- Gold futures for June delivery GCM8 on the COMEX
division of the New York Mercantile Exchange fell $2.1 an ounce
to $923.1 an ounce.
-- The euro dipped 0.1 percent to $1.5975 EUR=, hovering
near an all-time peak of $1.6020 hit on electronic trading
platform EBS on Tuesday.
-- Oil surged to a record near $120 a barrel on Tuesday on
the weaker dollar, export disruptions from Nigerian rebel
attacks and concerns a Scottish refinery strike could hit North
Sea production. [ID:nSP240882]
-- Spot platinum XPT= rose to $2,027/2,037 an ounce from
$2,017.50/2,027.50 late in New York.
-- The most active Tokyo platinum futures <0#JPL:> rose 85
yen per gram to 6,563 yen.
-- Silver XAG= edged up to $17.72/17.78 an ounce from
$17.64/17.73 an ounce.
-- Spot palladium XPD= rose to $455/460 an ounce from
$451/457 an ounce.
Precious metals prices at 0033 GMT
Metal Last Change Pct chg YTD pct chg
Turnover
Spot Gold 919.90 2.60 +0.28 10.47
Spot Silver 17.72 0.11 +0.62 19.97
Spot Platinum 2027.00 10.00 +0.50 33.36
Spot Palladium 455.00 4.00 +0.89 23.64
TOCOM Gold 3071.00 -2.00 -0.07 0.36
8858
TOCOM Platinum 6565.00 87.00 +1.34 22.96
4109
TOCOM Silver 592.40 4.30 +0.73 9.50
163
TOCOM Palladium 1541.00 4.00 +0.26 14.06
179
Euro/Dollar 1.5970
Dollar/Yen 103.01
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 Michael Urquhart)
