US bullion falls on diseased euro reduce risk ardour

Thu Feb 25, 2010 10:45am EST Related News US gold falls toward $1,100 as risk appetite downTue, Feb 23 2010US gold drops on weak euro; technical support seenTue, Feb 23 2010Gold turns lower on monetary tightening worriesMon, Feb 22 2010US gold ends lower on monetary tightening worriesMon, Feb 22 2010U.S. gold retreats as monetary tightening weighsMon, Feb 22 2010

NEW YORK, Feb 25 (Reuters) - U.S. gold futures dropped onThursday, falling for a fourth straight day, as a dollar risedue to uncertainties about fiscal conditions in Europe took atoll on investor sentiment. * For the latest detailed report, click on [GOL/]. GOLD * COMEX April GCJ0 down $1.60 at $1,095.60 an ounce at10:29 a.m. EST (1529 GMT). * Ranged from $1,088.50 to $1,101.50. * Gold pressured as dollar rose against euro as worriesabout the Greek debt crisis dent risk appetite. [USD/] * Asset liquidation across the board from equities to crudeoil weighing on gold - Bill O"Neill at LOGIC Advisors. * Gold should ultimately divorce itself from followingday-to-day movements of the euro - O"Neill * Comex estimated 10 a.m. volume at 100,630 contracts. * Spot gold XAU= at $1,094.40, compared with $1,097.25late in New York in the previous session. * London gold afternoon fix XAUFIX= at $1,094.50. SILVER * March SIH0 down 15 cents at $15.790 an ounce, takingthe lead from gold. * Range $15.610 to $16.060. * Spot silver XAG= at $15.79 an ounce compared with theprevious session"s $15.96 late quote in New York. * Comex estimated 10 a.m. volume at 49,064 contracts. * London silver XAGFIX= fix at $15.92 an ounce. PLATINUM * April PLJ0 up $10.10 at $1,517.40 an ounce on bargainhunting. * Spot platinum XPT= at $1,515.50 an ounce. PALLADIUM * March palladium PAH0 down $3.75 at $418.95 an ounce, astroubles from Toyota Motors dent sentiment on autocatalystdemand. * Spot palladium XPD= at $419 an ounce.Prices at 10:38 a.m. EST (1538 GMT) Last Change Pct 2009 YTD Chg Close % ChgUS gold GCJ0 1094.00 -3.20 -0.3 1096.20 -0.2US silver SIH0 15.785 -0.155 -1.0 16.845 -6.3US platinum PLJ0 1517.90 10.60 0.7 1471 3.2US palladium PAH0 418.95 -3.75 -0.9 408.85 2.5Gold XAU= 1093.15 -4.10 -0.4 1096.35 -0.3Silver XAG= 15.78 -0.18 -1.1 16.84 -6.3Platinum XPT= 1514.50 9.50 0.6 1465.50 3.3Palladium XPD= 418.00 -2.00 -0.5 405.50 3.1Gold Fix XAUFIX= 1094.50 1.75 0.2 1104 -0.9Silver Fix XAGFIX= 15.92 16.00 1.0 16.99 -6.3Platinum Fix XPTFIX= 1514.00 4.00 0.3 1466 3.3Palladium Fix XPDFIX= 420.00 4.00 1.0 402 4.5 (Reporting by Frank Tang; Editing by Marguerita Choy)

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