June 6 Gold held steady early Tuesday, hovering
close to a more than six-week high hit in the previous session,
on weaker Asian stocks and amid tapered expectations for
aggressive U.S. rate hikes this year.
* Spot gold rose 0.1 percent to $1,280.60 per ounce
at 0105 GMT. On Monday, it hit a peak of $1,283.27 an ounce, its
highest level since April 21.
* U.S. gold futures for August delivery rose 0.1
percent to $1,283.6 an ounce.
* Palladium on Monday hit its strongest level since
September 2014 at $849.40.
* MSCI's broadest index of Asia-Pacific shares outside Japan
fell 0.2 percent in early trade, pulling back
from a two-year high hit on Monday.
* U.S. services sector activity slowed in May as new orders
tumbled, but a jump in employment to a near two-year high
pointed to sustained labor market strength despite a
deceleration in job growth last month.
* Euro zone business activity remained strong in May,
underpinned by increasing demand, according to a survey released
on Monday, which suggested the pace of growth was putting the
economy on a path towards a sustained recovery.
* The Arab world's biggest powers cut ties with Qatar on
Monday, accusing it of support for Islamist militants and Iran,
and reopening a festering wound two weeks after U.S. President
Donald Trump's demand for Muslim states to fight
* China's economy is likely to have remained on a stable
footing in May, buoyed by solid gains in trade and investment as
economic ties with the United States take a positive turn and
infrastructure spending cushions domestic growth.
* India's gold imports in May surged fourfold from a year
ago to 103 tonnes as jewellers increased purchases to replenish
inventory and stock up ahead of a new national sales tax,
provisional data from consultancy GFMS showed.
* Russia's largest gold producer Polyus on Monday announced
its intention to conduct offering on the London Stock Exchange
and the Moscow Exchange.
* Russia produced 68.68 tonnes of gold in the first four
months of 2017, up from 67.75 tonnes in the same period last
year, the finance ministry said in a statement on Monday.
DATA AHEAD (GMT)
0830 Euro zone Sentix index Jun
0900 Euro zone Retail sales Apr
(Reporting by Vijaykumar Vedala in Bengaluru; Editing by