PRECIOUS-Gold eases from record, remains near $1,050

                                
 TOKYO, Oct 9 (Reuters) - Gold inched down on Friday but
remained near $1,050 after rising to an all-time high for a third
straight day in the previous session, lifted by the dollar's
weakness.
                                
 FUNDAMENTALS
                                
 * Gold <XAU=> was at $1,050.85 per ounce 2353 GMT, down 0.3
percent.
                                
 * U.S. gold futures for December delivery <GCZ9> were
$1,052.8 per ounce, also down 0.3 percent.
                                
 * The world's largest gold-backed exchange-traded fund, the
SPDR Gold Trust <GLD>, said its holdings stood at 1,109.314
tonnes as of Oct. 8, unchanged from the previous business day.
 [GOL/SPDR]
                                
 MARKET NEWS
                                
 * The dollar hit a 14-month low against a basket of
currencies on Thursday as growing optimism about an economic
recovery prompted demand for riskier assets at the expense of the
safe-haven greenback.  [USD/]
                                
 * U.S. stocks rose on Thursday as a surprising quarterly
profit by Alcoa Inc got third-quarter earnings off to a strong
start. [.N]
                                
 * Oil prices rose to settle above $71 a barrel on Thursday,
supported by better-than-expected data and a weaker dollar. [O/R]
                                
 DATA EVENTS
                                
 * The following data is expected on Friday: <ECON>
                                
 - Germany consumer price index, September (0600 GMT)
                                
 - Germany trade balance, August           (0600 GMT)
                                
 - France industrial production, August    (0645 GMT)
                                
 - Italy industrial production, August     (0800 GMT)
                                
 - UK producer price index, September      (0830 GMT)
                                
 - UK trade balance, August                (0830 GMT)
                                
 - OECD leading indicator, August          (1000 GMT)
                                
 - U.S. international trade, August        (1230 GMT)
                                
 - U.S. ECRI weekly                        (1430 GMT)
                                
 RELATED NEWS
 >Gold rises to record above $1,060/oz on weak dollar      [GOL/]
 >Struggling dollar hoists commods; gold at record     [COM/WRAP]
 >Fed officials see recovery, no rate hikes yet   [ID:nN08537898]
 >U.S. jobless claims hit 9-month low, sales rise [ID:nN08520274]
 >Asian central banks intervene as dollar sags    [ID:nN08536643]
                                
 PRICES
                                
 Precious metals prices at 2344 GMT
Metal         Last      Change  Pct chg  Day ago pct  MA 30  RSI
 Spot gold    $1051.05   -$2.95  -0.28%   +17.17%    $860.10  78
 Spot silver    $17.65   -$0.07  -0.40%   +47.33%     $11.29  70
 Spot plat    $1340.50   -$4.00  -0.30%    +1.09%   $1303.90  69
 TOCOM gold      2,985      -15  -0.50%    +0.30%      2,939  62
 TOCOM plat      3,796       -5  -0.13%    -0.32%      3,777  56
 Currencies
 Euro/dlr       $1.478  -$0.001  -0.09%    +0.61%
 Dlr/yen         88.61     0.20  +0.23%    +0.03%
 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)