Thursday, August 5, 2010

US bullion edges up in churned traffic on prosaic CPI interpretation

Thu Mar 18, 2010 10:26am EDT

NEW YORK, March 18 (Reuters) - Gold futures rose slightlyin mixed trade on Thursday after a U.S. government reportshowed few signs of inflation, as the metal whipsawed between astronger dollar and buying driven by sovereign debt worries. * For the latest detailed report, click on [GOL/]. GOLD * COMEX April GCJ0 up $2 at $1,126.20 an ounce at 10:05a.m. EDT (1405 GMT). * Range $1,118.40 to $1,127.80. * U.S. consumer prices unchanged in February, failing todrive gold in a definite direction - traders. [ID:nN18215395] * The metal holds firm despite a weaker euro against dollaramid renewed Greece worries. [USD/] * Disagreement between United States and China over trade,currency issues provides underlying support to gold - HSBC. * Higher global stocks trading amid economic optimismsupporting gold. Dow Jones .DJI posted a seventh straightwinning session. * COMEX 10 a.m. volume 58,402 lots. * Spot gold XAU= at $1,125 an ounce, versus $1,124.05late in New York in the previous session. * London gold morning fix XAUFIX= at $1,122.75. SILVER * May SIK0 down 3.3 cents at $17.490 an ounce. * Range from $17.375 to $17.560. * COMEX 9 a.m. volume 9,154 lots. * Spot silver XAG= at $17.45, against $17.46 an ounce inthe previous session late quote in New York. * London silver XAGFIX= fixed at $17.49 an ounce. PLATINUM * April PLJ0 down $1 at $1,634.60 an ounce onprofit-taking after Wednesday"s gains. * Underlying support amid supply worries after SouthAfrican utility Eskom saw power supply as a serious concernfrom 2011 onward until new power stations come onstream.[ID:nLDE62F0IS] * Spot platinum XPT= at $1,631.50 an ounce. PALLADIUM * June palladium PAM0 down $1.05 at $477.80 an ounce onplatinum weakness. * Spot palladium XPD= at $472.50 an ounce.Prices at 9:50 a.m. EDT (1350 GMT) Last Change Pct 2009 YTD Chg Close % ChgUS gold GCJ0 1124.80 0.60 0.1 1096.20 2.6US silver SIK0 17.490 -0.033 -0.2 16.845 3.8US platinum PLJ0 1633.00 -2.60 -0.2 1471 11.0US palladium PAM0 477.25 -1.60 -0.3 408.85 16.7Gold XAU= 1124.45 0.40 0.0 1096.35 2.6Silver XAG= 17.46 0.00 0.0 16.84 3.7Platinum XPT= 1629.00 0.00 0.0 1465.50 11.2Palladium XPD= 472.50 -3.50 -0.7 405.50 16.5Gold Fix XAUFIX= 1122.75 1.00 0.1 1104 1.7Silver Fix XAGFIX= 17.49 -5.00 -0.3 16.99 2.9Platinum Fix XPTFIX= 1629.00 7.00 0.4 1466 11.1Palladium Fix XPDFIX= 474.00 2.00 0.4 402 17.9 (Reporting by Frank Tang; editing by Julie Ingwersen)

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