SINGAPORE, April 15 (Reuters) - Gold jumped to another
record on Friday after the dollar fell to its lowest since late
2009 against a basket of major currencies, taking silver to its
strongest since 1980 but trading was muted ahead of the release
of key Chinese economic data.
FUNDAMENTALS
* Spot gold rose $5.76 an ounce to $1,478.66 ounce by
0026 GMT, having hit a high of $1,479.01 an ounce.
* Spot silver rose as high as $42.41 an ounce, a
31-year peak.
* The dollar fell against a basket of major currencies early
in Asia on Friday but looked unlikely to extend losses
significantly ahead of Chinese economic data.
* Unofficial figures on Thursday suggested the Chinese data
including retail sales, industrial output and consumer inflation
due at 0200 GMT will probably be stronger than expected.
[]
* U.S. gold futures for June rose as high as $1,480.5
an ounce, a lifetime high.
* IShares Silver Trust said its holdings edged up to
10,974.26 tonnes by April 14 from 10,969.71 tonnes on April 13.
The holdings hit a record of 11,242.89 tonnes hit on April 8.
MARKET NEWS
* Japan's Nikkei stock average opened lower on Friday and is
expected to round off a week of thin choppy trade inside the
tight range that has confined it since the start of the month,
with resource and energy shares bouncing back after oil prices
gained the day before.
DATA EVENTS (GMT)
0200 China Industrial output yy Mar 2011
0200 China Retail sales yy Mar 2011
0200 China CPI yy Mar 2011
0200 China PPI yy Mar 2011
0200 China Urban investment (ytd) Mar 2011
0430 Japan Industrial output rev Feb 2011
0900 EZ Inflation, final yy Mar 2011
0900 EZ Eurostat trade nsa, EUR Feb 2011
:: China FDI (ytd) Mar 2011
1230 U.S. Consumer prices March
1315 U.S. Industrial output/ March
1355 U.S. Reuters/U. Michigan April-pre
Precious metals prices 0026 GMT
Metal Last Change Pct chg YTD pct chg Turnover
Spot Gold 1478.66 5.76 +0.39 4.17
Spot Silver 42.34 0.26 +0.62 37.20
Spot Platinum 1790.24 3.75 +0.21 1.29
Spot Palladium 775.72 15.09 +1.98 -2.97
TOCOM Gold 3983.00 43.00 +1.09 6.81 36608
TOCOM Platinum 4842.00 21.00 +0.44 3.11 6382
TOCOM Silver 114.00 3.10 +2.80 40.74 1348
TOCOM Palladium 2090.00 15.00 +0.72 -0.33 169
Euro/Dollar 1.4496
Dollar/Yen 83.58
TOCOM prices in yen per gram. Spot prices in $ per ounce.
(Reporting by Lewa Pardomuan; Editing by Ed Lane)
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