SINGAPORE, April 7 (Reuters) - Gold firmed on Wednesday as renewed worries about debt-ridden Greece and volatile currencies boosted the metal's safe-haven appeal, while palladium was steady near a 2-year high.
* Spot gold XAU= was at $1,134.45 an ounce by 0031 GMT, up $1.25 from New York's notional close on Tuesday, when it hit a 1-month high of $1,138.40 an ounce despite a rising U.S. dollar against the euro.
* Palladium XPD= was steady at $504.75, having risen to its highest since March 2008 at $508.50 on Tuesday on short covering by autocatalyst makers and investment demand.
* U.S. gold futures for June delivery GCM0 were hardly moved at $1,135.2 an ounce.
* The world's largest gold-backed exchange-traded fund, SPDR Gold Trust, said its holdings stood at 1,129.823 tonnes as of April 6, unchanged from the previous business day. [GOL/SPDR]
* The euro struggled on Wednesday, plagued by fresh worries about debt-laden Greece, while commodity currencies like the Australian and Canadian dollars held gains on the back of expectations of higher interest rates. [USD/]
* Bullion's gains in the face of a stronger dollar indicate the inverse relationship between the metal and the U.S. currency will occasionally break down, if risk-averse investors pile into gold due to related to economic jitters, dealers said.
* Oil inched up toward $87 a barrel on Tuesday, rallying for a sixth consecutive session, as recent positive economic data launched futures to a fresh 18-month high. [O/R]
* The following data is expected on Wednesday ECON
- Bank of Japan interest rate decision
- Bank of England starts two-day meeting
- Euro zone services PMI for March (0758 GMT) - OECD interim assessment of G7 countries,euro area(0900 GMT) - Euro zone PPI for February
(0900 GMT) - Weekly U.S. mortgage market index
- U.S. consumer credit for Feb (1900 GMT)
RELATED NEWS > Fed says "extended period" may last a long time [nN06218670] > Greece denies EU-IMF pact u-turn amid selloff [nLDE63513Y] > Nikkei flat, exporters dip on stronger yen [nTOE635087] > Yuan revaluation "China's choice"-Geithner
[nLDE6351N1] > Australia service sector activity slow in March [nSGE6350KP] > US hirings fall in Feb, but job market turning [nN06223183] > UK economy gives mixed signals as election nears [nLDE6351NE] > EIA lowers global oil demand growth forecast [nN06240145] > Greece US dlr bond sale may hinge on aid package [nN06577549] Precious metals prices at 0031 GMT Metal Last Change Pct chg YTD pct chg Turnover Spot Gold 1134.45 1.25 +0.11 3.54 Spot Silver 17.91 0.03 +0.17 6.42 Spot Platinum 1705.00 7.50 +0.44 16.22 Spot Palladium 504.75 0.25 +0.05 24.48 TOCOM Gold 3428.00 9.00 +0.26 5.19 19827 TOCOM Platinum 5123.00 38.00 +0.75 16.94 11214 TOCOM Silver 54.50 -0.30 -0.55 5.42 61 TOCOM Palladium 1520.00 20.00 +1.33 30.47 292 Euro/Dollar 1.3377 Dollar/Yen 93.75 TOCOM prices in yen per gram. Spot prices in $ per ounce. (Reporting by Lewa Pardomuan; Editing by Michael Urquhart)