Spot gold is relatively stable on Monday, after slipping nearly 1 percent in the previous session, while the dollar mixed - down against the euro but rose versus some other currencies, and holidays in Australia, is expected to create anxiety in the trade.

FUNDAMENTALS

* Spot gold fell 4 cents to $1,530.99 an ounce by 0118 GMT, after ending last week half a percent lower.

* U.S. gold edged up 0.2 percent to $1,532.30.

* The dollar fell 0.1 percent versus the dollar, by rose 0.05 percent against a currency basket .DXY.

* Bullion came under pressure after Wall Street resumed its slide following weaker Chinese trade data last week..N

* More data is scheduled to be released from the world's top gold producer, including inflation where the market expects a small rise to 5.4 percent in consumer prices.

* Support for gold was seen at its 20-day moving average of $1,524, a level it has held for the past three weeks.

gold moving chart, gold progress chart, gold outlook chart

* Silver rose 0.2 percent to $36.21 after slipping more than 3 percent on Friday.

Precious metals prices 0118 GMT

Metal Last Change Pct chg YTD pct chg Volume

Spot Gold 1530.99 -0.04 -0.00 7.86

Spot Silver 36.21 0.08 +0.22 17.34

Spot Platinum 1825.24 1.49 +0.08 3.27

Spot Palladium 811.75 1.80 +0.22 1.53

TOCOM Gold 3972.00 -8.00 -0.20 6.52 30344

TOCOM Platinum 4772.00 -3.00 -0.06 1.62 3269

TOCOM Silver 93.90 -2.40 -2.49 15.93 650

TOCOM Palladium 2108.00 13.00 +0.62 0.52 149

COMEX GOLD AUG1 1532.30 3.10 +0.20 7.80 3704

COMEX SILVER JUL1 36.24 -0.09 -0.25 17.11 6724

Euro/Dollar 1.4337

Dollar/Yen 80.50

TOCOM prices in yen per gram. Spot prices in $ per ounce.

COMEX gold and silver contracts show the most active months

Source

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