SINGAPORE, Feb 10 (Reuters) - Gold edged down on Thursday
after holdings on the ETF slipped again, but a weaker U.S.
dollar could stir up trade after Federal Reserve Chairman Ben
Bernanke said he has no plans to scrap a massive bond-buying
program.
FUNDAMENTALS
* Spot gold lost $1.05 an ounce to $1,361.84 an ounce
by 0041 GMT, well below a lifetime high around $1,430 an ounce
hit in December.
* The world's largest gold-backed exchange-traded fund, SPDR
Gold Trust , said its holdings slipped to 1,226.436 tonnes
by Feb. 9, their lowest since late January, from 1,228.560
tonnes on Feb. 8.
* U.S. gold futures for April fell $2.8 an ounce to
$1,362.8 an ounce.
MARKET NEWS
* The U.S. dollar slumped against the euro on Wednesday as
lower Treasury yields fueled selling following comments by
Federal Chairman Bernanke that its bond buying program would
continue.
* Japan's Nikkei average edged lower on Thursday as
investors kept taking profits on a rise in share
prices and amid wariness about overheating in the market.
DATA/EVENTS
0745 France Industrial output mm Dec
0800 OECD IEA Oil Market Report Feb
0900 Italy Industrial output yy WDA Dec
1330 U.S. USDA grain exports Weekly
1330 U.S. Initial jobless claims Weekly
1500 U.S. Whole sale inventories Dec
1530 U.S. EIA natural gas stocks Weekly
1200 Britain BoE rate decision Feb
:: OPEC OPEC Monthly Report Feb
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Precious metals prices 0041 GMT
Metal Last Change Pct chg YTD pct chg Turnover
Spot Gold 1361.84 -1.05 -0.08 -4.06
Spot Silver 30.12 -0.05 -0.17 -2.40
Spot Platinum 1846.74 -6.75 -0.36 4.48
Spot Palladium 826.00 -0.47 -0.06 3.31
TOCOM Gold 3623.00 -1.00 -0.03 -2.84 16930
TOCOM Platinum 4945.00 -32.00 -0.64 5.30 5755
TOCOM Silver 79.70 0.10 +0.13 -1.60 721
TOCOM Palladium 2205.00 -12.00 -0.54 5.15 178
Euro/Dollar 1.3712
Dollar/Yen 82.42
TOCOM prices in yen per gram. Spot prices in $ per ounce.
(Reporting by Lewa Pardomuan; Editing by Ed Lane)
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