SINGAPORE, Dec 28 Gold inched down on Friday
ahead of talks to prevent the United States from plunging off a
"fiscal cliff" of tax increases and spending cuts, but the metal
remained on track for its biggest weekly gain in a month.
* Gold had eased 50 cents to $1,662.79 an ounce by
0041 GMT in thin trade.
* U.S. gold for February was little changed at
$1,663.70 an ounce.
* President Barack Obama will host a meeting on Friday with
the four top congressional leaders, a White House aide said on
Thursday, as the president and lawmakers rush to break deadlock
over the fiscal cliff days before a year-end deadline.
* Republican leaders in the House of Representatives told
their members to be back in Washington from the Christmas
holiday break on Sunday in case they need to vote on budget
* For the top stories on metals and other news, click
* The yen hit its lowest point in more than two years on
Friday, on strong expectations of drastic monetary easing,
underpinning Japanese equities.
* U.S. crude futures edged up to above $91.40 a barrel on
0745 - FRENCH CONSUMER SPENDING FOR NOVEMBER
0745 - FRENCH DETAILED GDP FOR Q3
0900 - ITALY PRODUCER PRICES FOR NOVEMBER .
1445 - U.S. CHICAGO PMI FOR DECEMBER
1500 - U.S. PENDING HOME SALES FOR NOVEMBER
1530 - U.S. ECRI WEEKLY
N/A - U.S. COMMERCE DEPARTMENT RELEASES NOVEMBER BUILDING
1930 U.S. CFTC COMMITMENT OF TRADERS DATA WEEKLY
Precious metals prices 0041 GMT
Metal Last Change Pct chg YTD pct chg Volume
Spot Gold 1662.79 -0.50 -0.03 6.33
Spot Silver 30.17 0.01 +0.03 8.96
Spot Platinum 1529.25 -1.24 -0.08 9.78
Spot Palladium 706.00 -0.25 -0.04 8.20
COMEX GOLD FEB3 1663.70 0.00 +0.00 6.18 4074
COMEX SILVER MAR3 30.22 -0.02 -0.07 8.26 277
(Reporting by Lewa Pardomuan; Editing by Joseph Radford)