PRECIOUS-Gold steadies after 3 pct dip in New York

                                
 TOKYO, Dec 18 (Reuters) - Gold prices steadied near $1,100
per ounce on Friday after falling 3 percent in the previous
session, pressured by the dollar's rise against the euro, which
reduced the precious metal's appeal.
                                
 FUNDAMENTALS
                                
 * Spot gold <XAU=> was at $1,101.00 per ounce at 2345 GMT, up
0.3 percent from New York's notional close of $1,097.80.
                                
 * Gold is now trading about 10 percent below a record high of
$1,226.10 hit on Dec. 3.
                                
 * U.S. gold futures for February delivery <GCG0> fell 0.4
percent to $1,102.5 an ounce on the COMEX division of the NYMEX.
                                
 * Futures hit a record high $1,227.50 on Dec. 3.
                                
 * The world's largest gold-backed exchange-traded fund, SPDR
Gold Trust <GLD>, said its holdings held steady at 1,120.514
tonnes on Wednesday. [GOL/SPDR]
                                
 MARKET NEWS
                                
 * The dollar rose to its highest level against the euro in
more than three months on Thursday, a day after the Federal
Reserve drew attention to the improvement in the U.S. economy and
stood by plans to wind down most of its emergency lending by
February. [USD/]
                                
 * U.S. stocks fell on Thursday as the dollar's rebound
spurred safe-haven trade, cutting demand for riskier assets. [.N]
                                
 * U.S. crude oil <CLc1> settled down 1 cent at $72.65 per
barrel on Thursday, after falling to near $71 as the dollar
strengthened and U.S. unemployment claims rose, although a cold
spell in the U.S. northeast provided support.
                                
 DATA EVENTS
                                
 * The following data is expected on Friday: <ECON>
                                
 - German Nov PPI                      (0700 GMT)
                                
 - German Dec IFO survey               (0900 GMT)
                                
 - Euro zone Oct current account data  (0900 GMT)
                                
 - Italy Oct industrial orders, sales  (0900 GMT)
                                
 - UK Nov Public sector borrowing      (0930 GMT)
                                
 - UK Nov M4 money supply data         (0930 GMT)
                                
 - BOE UK trends in lending survey     (0930 GMT)
                                
 - Euro zone Oct trade data            (1000 GMT)
                                
 - U.S. ECRI weekly                    (1530 GMT)
                                
 RELATED NEWS
 > Gold falls 3 pct as dollar surges against euro          [GOL/]
 > Strong dollar hits most markets but natgas jumps    [COM/WRAP]
 > Gold co stocks fall, metal price dips 2 pct    [ID:nN17207143]
 > Debt fears keep Dubai retail gold sales poor   [ID:nLDE5BG19G]
                                
 PRICES
                                
 Precious metals prices at 2343 GMT
 Metal         Last      Change  Pct chg  Day ago pct  MA 30  RSI
 Spot gold    $1100.90    $3.10  +0.28%    -4.92%   $1145.96  31
 Spot silver    $17.17    $0.04  +0.23%    -5.56%     $18.05  35
 Spot plat    $1424.00    $3.00  +0.21%    -1.89%   $1431.72  43
 COMEX gold   $1102.60    $4.20  +0.38%    -2.96%   $1144.31  31
 TOCOM gold      3,240      -34  -1.04%    -0.34%      3,290
 TOCOM plat      4,153      -36  -0.86%    -0.14%      4,110
 Currencies
 Euro/dlr       $1.433  -$0.001  -0.06%    -1.40%
 Dlr/yen         89.70    -0.18  -0.20%    -0.09%
 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)