SINGAPORE, April 21 (Reuters) - Gold prices held steady
above $1,500 on Thursday, the last trading day in many markets
before the long Easter weekend, after hitting record highs for
four consecutive sessions, fueled by inflation worries and
sovereign debt woes.	

 FUNDAMENTALS	

 * Spot gold gained 0.4 percent to $1,503.45 an ounce
by 0014 GMT.	

 * U.S. gold futures GCcv1 also rose by 0.4 percent to
$1,504.10.	

 * U.S. home resales volumes bounced back in March, a hopeful
sign for recovery in the housing market, but prices continued to
decline. 	

 * While economic growth in the developed world remains
uncertain, solid economic expansion in key developing economies
such as China, India and Brazil has pushed up inflation, driving
investors to bullion to store their value. 	

 * Euro zone's sovereign debt continued to worry investors,
as a poll showed that Greece will have to restructure its debt
in the next two years. 	

 * Spot silver was nearly flat at $45.21 an ounce.	

 * Holdings in the iShares Silver Trust continued to rise, up
66.77 tonnes from the previous session to 11,183.69 tonnes by
April 20.  	

 MARKET NEWS	

 *  Big earnings surprises gave a positive turn to investor
sentiment on Wednesday, propelling U.S. stocks to their best day
in a month and lifting the Dow industrials to their highest in
almost three years. 	

 *  The dollar index steadied on Thursday, after
plunging in the previous session as the prospect that U.S.
interest rates would remain at record lows encouraged investors
to seek higher returns elsewhere. 	

 *  U.S. crude futures CLc1 edged up, extending gains from
Wednesday. 	


  




    
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LONDON, April 20 (Reuters) - Spot gold prices broke through
$1,500 for the first time and silver hit a 31-year high on
Wednesday, supported by a weak dollar and concerns over a
sovereign debt crisis in the euro zone.

 PRICES
  * Spot gold XAU= was bid at $1,501.06 an ounce at 0625 GMT
from $1,493.90 late in New York on Tuesday. It earlier hit a
record high of 1,502.03.

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SINGAPORE, April 20 (Reuters) - - Spot gold held steady on
Wednesday after hitting a record tantalisingly close to $1,500
in the previous session, as concerns over Europe's debt crisis
and a weaker dollar support sentiment.	
   	
 FUNDAMENTALS	
 * Spot gold was little changed at $1,494.39 an ounce
by 0035 GMT, after reaching a record high of $1,499.31 in the
previous session.	
 * U.S. gold futures GCcv1 were flat at $1,495.10, easing
from a record of $1,500.5 hit on Tuesday.	
 * Concerns about sovereign debt problems on both sides of
the Atlantic continued to drive investors to bullion to park
their value. 
 * The dollar index weakened, as the euro and
commodity currencies like the Australian dollar rose in early
trade. 	
 * Holdings in the world's largest gold-backed
exchange-traded fund, SPDR Gold Trust , eased slightly,
while the holdings in the iShares Silver Trust continued
to rise. 	
 * Spot silver was little changed at $43.90, after
rising to a 31-year high of $44.16 on Tuesday.	
 * Silver, known as the poor man's gold, is likely to rise
further and outperform gold, after its stunning 40 percent run
so far this year.	
 	
 MARKET NEWS	
 * Encouraging results from health care and materials
companies lifted U.S. stocks on Tuesday, but weak earnings from
Goldman Sachs limited gains in a market skeptical of the growth
outlook. 	
 * U.S. crude futures CLc1 held steady on Wednesday after
rebounding nearly 1 percent on Tuesday on a weaker dollar, a
bounce on Wall Street and technical support. 	
      	 



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LONDON, April 19 (Reuters) -  Spot gold firmed slightly
below its record high on Tuesday, as worries over sovereign debt
in both Europe and the United States continued to lure investors
to bullion.

 PRICES
  * Spot gold XAU= was bid at $1,490.19 an ounce at 0622 GMT
from $1,481.35 late in New York on Monday. It touched a record
high of $1,497.20 an ounce on Monday after Standard &  Poor's
downgraded its credit outlook for the United States.

 * Silver XAG= was at $42.88 from $43.32. It rose to a
31-year high for the third consecutive session on Monday,
hitting $43.51 an ounce.

 * Platinum XPT= at $1,779 from $1,772.65.

 * Palladium XPD= at $733.22 from $739.93

 DATA/EVENTS

 * Germany Markit/BME flash PMIS for April, 0728 GMT

 * Euro zone Markit flash PMIS for April, 0758 GMT

 * ICSC/Goldman Sachs weekly U.S. chain store sales, 1145 GMT

 * U.S. housing starts/building permits for March, 1230 GMT

 * Redbook weekly U.S. retail sales, 1255 GMT

 * Japan March trade data, 2250 GMT

 MARKET NEWS

 * Asian stocks fell on Tuesday after rating agency Standard
&  Poor's lowered its U.S. credit outlook to negative, prompting
a global flight to other assets. [MKTS/GLOB]

 * The yen edged higher in Asia on Tuesday as a slide in
Asian stock markets prompted more market players to cut back on
carry trades, even as hedge funds were spotted adding to bets
that the Japanese currency would soon resume its drop. [USD/] 

 * European stock index futures pointed to a slightly higher
open on Tuesday following the previous session's sharp sell-off
sparked by S& P's revised outlook on United States credit rating
to " negative" . [.EU]

 *  Brent crude slipped as concerns grew that high oil prices
could hamper demand and curb economic growth, while U.S. crude
futures were also hit after credit rating agency S& P lowered the
country's outlook to negative. [O/R]

 FUNDAMENTALS

 * Holdings of the largest gold-backed ETF, New York's SPDR
Gold Trust (GLD) and that of the largest silver-backed
exchange-traded-fund (ETF), New York's iShares Silver Trust,
remained unchanged from Friday to Monday. 

 * Newcrest Mining (NCM.AX) trimmed its full-year gold
production forecast due to adverse weather in Australia and
Papua New Guinea, and the suspension of operations at the
Bonikro gold mine in Ivory Coast because of civil unrest.

 * South Africa has found widespread violations during an
audit of miners and other mineral rights holders in the country,
minerals minister Susan Shabangu said on Monday. 

 TECHNICALS

 * Gold support at $1,481 an ounce, resistance at $1,512 an
ounce and 14-day RSI at 70.3.

 * Platinum support at $1,763 an ounce, resistance at $1,790
and 14-day RSI at 50.4.

 * Silver support at $41.90 an ounce, resistance at $44.75
and 14-day RSI at 79.2.


  

  

  


 



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How?  Msg(Contact) me here for details.  
//**  

SINGAPORE, April 19 (Reuters) - Spot gold firmed slightly
below its record high on Tuesday, as worries over sovereign debt
in both Europe and the United States continued to lure investors
to bullion.	

 Spot gold gained nearly 1 percent in early trade,
before trimming gains to $1,490.95 an ounce by 0559 GMT, up 0.7
percent. It hit a record high of $1,497.20 in the previous
session. U.S. gold futures GCv1 were little changed at
$1,492.10.	

 Concerns about inflation also helped gold shine.	

 " There is so much news that is in favour of gold,"  said a
Singapore-based dealer.	

 " Gold is still the safe-haven of choice."  	

 Just as talk heated up on whether Greece might need to
restructure its debt, Standard &  Poor's threatened to cut the
United States' prized AAA credit rating, sending the
19-commodity Reuters-Jefferies CRB index down 1 percent
on Monday. 	

 The CBOE Volatility Index, Wall Street's favorite barometer
of investor anxiety known as the VIX , jumped as much as
24.5 percent on Monday after S& P warned about the towering U.S.
budget deficit.  	

 China raised banks' reserve requirement ratio on Sunday to a
record level in its fourth such move this year aimed at
wrestling down inflation, while some U.S. Federal Reserve
officials have warned about more pressing inflation risks in
coming months. 

 But there is little sign the Fed could cut short its $600
billion bond purchase programme, due to be completed in June.	

 Crude oil prices extended losses on worries that high oil
prices would threaten global economic recovery, which supports
the strength in gold prices.	

 Technical analysis indicated gold's bullish target remained
intact at $1,518, according to Reuters market analyst Wang Tao.

 CORRECTION LOOMS	

 Spot gold marched up about $40 over the last seven days, and
silver hit 31-year highs in the past three consecutive sessions.
Although the macroeconomic and geopolitical environment supports
safe-haven demand in such metals, a correction may be looming, 
some traders and analysts said.	

 " We may see a correction before the Easter holiday,"  said
Ronald Leung, a dealer at Lee Cheong Gold Dealers in Hong Kong.
" Prices have been rising too fast and too much." 	

 Downside room will be limited for both gold and silver, with
$1,480 providing strong support to gold, and $40 to silver,
traders said.	

 Some physical selling was spotted, as market participants
took profit and waited for the next buying opportunities when
prices pull back, dealers said. 	

LONDON, April 18 (Reuters) - Spot gold hit a record high and
silver struck a 31-year peak on Monday, as investors sheltered
in precious metals from a global rise in inflation and the euro
zone sovereign debt crisis.


  PRICES
  * Spot gold XAU= was bid at $1,484.8 an ounce at 0630 GMT
from $1,483.75 late in New York on Friday.
 * Silver XAG= was at $43.12 from $42.99.
 * Platinum XPT= at $1,787.2 from $1,783.6.
 * Palladium XPD= at $761.03 from $759.58.
 
 DATA/EVENTS
 * Euro zone consumer confidence for April, 1400 GMT
 * U.S. NAHB index for April. 1400 GMT

 
 MARKET NEWS
 * Asian stocks rose on Monday as investors bet that China's
latest round of policy tightening won't dent prospects of a
global economic recovery while the euro weakened. 
 * The euro extended losses after repeated attempts to break
above a resistance level failed, placing focus on renewed
worries about euro zone debt problems and giving the dollar a
reprieve after heavy selling in the past few weeks. 
 * U.S. crude futures slipped below $109 a barrel after three
days of gains, as fears that high prices would dampen demand
overrode concerns over a cut in oil output. 
 * European stocks were seen inching higher, as investors
shrugged off China's latest hike in banks' required reserves and
awaited quarterly earnings from a number of companies including
U.S. bellwethers Citigroup  and Texas Instruments 
 * Encouraging economic indicators sent U.S. stocks higher on
Friday, but the market's recent struggles are set to continue
into next week when more than one-fifth of S& P 500 companies
report results. 
 
 FUNDAMENTALS
 * Holdings in the world's largest silver-backed
exchange-traded fund, iShares Silver Trust (SLV), rose by 69.81
tonnes, or 0.64 percent, from the previous session to 11,044.07
tonnes by April 15. 
 
 TECHNICALS
 * Gold support at $1,471 an ounce, resistance at $1,500 an
ounce and 14-day RSI at 70.
 * Silver support at $41.70, resistance at $44.50, 14-day RSI
at 82.
 * Platinum support at $1,780, resistance at $1,801, 14-day
RSI at 54.
 (Reporting by Rebekah Curtis  editing by James Jukwey)