PRECIOUS-Gold ticks higher on dollar; silver near peak

                                
 SINGAPORE, Sept 14 (Reuters) - Gold ticked up on Tuesday as
the U.S. dollar slipped against other currencies, while silver
was steady near its strongest since early 2008 on hopes of a
recovery in the global economy.
                                
 FUNDAMENTALS
                                
 * Spot gold <XAU=> added $3.95 an ounce to $1,249.20 an
ounce by 0109 GMT after a lacklustre trade on Monday. Gold
struck a record around $1,294 an ounce in June.
                                
 * U.S. gold futures for December delivery <GCZ0> rose $3.6
an ounce to $1,250.7 an ounce.
                                
 * Silver <XAG=> was steady at $20.08 an ounce, having hit a
high at $20.22 on Monday, its highest since March 2008, as
rallies in equities and a 13.9 percent rise in China's
industrial output boosted industrial metals. [MET/L]
                                
 * The world's largest gold-backed exchange-traded fund,
SPDR Gold Trust <GLD.P>, said its holdings dropped to 1,292.619
tonnes by Sept 13 from 1,293.531 tonnes by Sept 10. The
holdings hit a record 1,320.436 tonnes on June 29. [GOL/SPDR]
                                
 MARKET NEWS
                                
 * The dollar was near a one-month low against a basket of
currencies on Tuesday after suffering its steepest fall against
the euro in two months the previous day on rising investors
risk appetite. [USD/]
                                
 * The Nikkei was almost unchanged on Tuesday after hitting
a three-week closing high the day before, but sentiment was
upbeat as U.S. stocks advanced to their highest levels in five
weeks on Monday on upbeat Chinese factory data and new global
banking rules. [.T[ [.N]
                                
 DATA EVENTS
                                
* 0430 GMT  Japan   Industrial output rev   Jul 
<JPIP4=ECI>
                                
* 0900 GMT  Germany ZEW economic sentiment  Sep 
<DEZEWS=ECI>    * 1145 GMT  U.S.    ICSC chain stores yy 
Weekly <USUBSY=ECI>    * 1230 GMT  U.S.    Retail sales mm    
                                
Aug   <USRSL=ECI>    * 1400 GMT  U.S.    Business
Inventories    Jul   <USBINV=ECI>    * 2030 GMT  U.S.    API
weekly crude stocks Sep 10<USOIAC=ECI>    * 2030 GMT  U.S.  
API weekly dist. stocks Sep 10<USOIAD=ECI>    * 2030 GMT  U.S.
  API weekly gasoline stk Sep 10<USOIAG=ECI>
                                
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 Precious metals prices at 0109 GMT
 Metal             Last    Change  Pct chg  YTD pct chg
Turnover
 Spot Gold        1249.20    3.95   +0.32     14.01
 Spot Silver        20.11    0.09   +0.45     19.49
 Spot Platinum    1561.00   17.35   +1.12      6.41
 Spot Palladium    534.50    9.55   +1.82     31.81
 TOCOM Gold       3355.00  -18.00   -0.53      2.95       
18657
 TOCOM Platinum   4209.00    4.00   +0.10     -3.93        
4718
 TOCOM Silver       54.10    0.10   +0.19      4.64         
234
 TOCOM Palladium  1431.00   27.00   +1.92     22.83         
306
 Euro/Dollar       1.2850
 Dollar/Yen         83.31
 TOCOM prices in yen per gram. Spot prices in $ per ounce.
 (Reporting by Lewa Pardomuan; Editing by Manash Goswami)
 (lewa.pardomuan@thomson reuters.com; +65 6870 3834; Reuters
Messaging: lewa.pardomuan.reuters.com@reuters.net))