NEW YORK, April 30 (Reuters) - U.S. gold futures dropped 1
percent on Thursday as a better tone to the economy dampened
safe-haven demand, while an imminent bankruptcy filing by U.S.
automaker Chrysler should not affect platinum group metals
demand, traders said.

For the latest detailed report, click on [GOL/].

GOLD

* Gold for June delivery GCM9 settled down $9.30, or 1
percent, at $891.20 an ounce on the COMEX division of the New
York Mercantile Exchange.

* Ranged from $880.10 to $900.80.

* An initial equities rally dented safe-haven demand for
gold, after the Federal Reserve on Wednesday said the U.S.
recession appeared to be easing. Wall Street, however, turned
lower in afternoon trade.

* Gold selling seen in anticipation of noninflationary U.S.
economic data - George Nickas, FC Stone commodities broker.

* Market talk of selling pressure from gold-backed
exchange-traded fund weighed on gold futures.

* Bullion holdings of the largest gold ETF, the SPDR Gold
Trust (GLD: Quote, Profile, Research), were unchanged for a fourth session on Wednesday.

* The trust's gold assets have fallen 23 tonnes
month-on-month after rising more than 98 tonnes in the
preceding four weeks.

* Market sentiment hurt by news that Indian gold sales
ahead of the key festival of Akshaya Tritya this week dropped 8
percent from a year ago, a much bigger decline than estimated -
World Gold Council. [ID:nDEL55236]

* Newmont Mining Corp (NEM.N: Quote, Profile, Research), the No. 2 gold producer,
said its quarterly profit fell 48 percent, citing weaker copper
prices, but results topped forecasts. [ID:nN30534653]

* U.S. Rep. Barney Frank on Wednesday supported
Congressional authorization of planned gold sales by the
International Monetary Fund with proceeds going to loans for
poor countries. Market took comments in stride.[ID:nN29437461]

* COMEX estimated 1 p.m. electronic futures volume at
70,223 lots.

* Gold/oil ratio at 17.49, down from the previous session's
level as gold tumbled and crude oil edged up.

* Spot gold XAU= traded at $891.25 an ounce at 3:12 p.m.
EDT (1912 GMT), down 0.7 percent from its late Wednesday quote
in New York.

* The London afternoon gold fix XAUFIX= was $883.25 an
ounce.

SILVER

* COMEX July silver SIN9 finished down 45.0 cents, or 3.5
percent, at $12.325 an ounce, following gold's decline.

* Ranged from $12.185 to $12.820.

* COMEX estimated 1 p.m. volume at 14,044 lots.

* Spot silver XAG= was at $12.38 an ounce, down 3.0
percent from its previous finish.

* The London silver fix XAGFIX= at $12.630 an ounce.

PLATINUM

* NYMEX July platinum PLN9 ended down 20 cents at
$1,106.60 an ounce, extending losses this week on uncertainty
about U.S. automakers.

* Chrysler LLC filed U.S. bankruptcy protection after
failing to reach concessions with lenders.

* Platinum went through correction earlier this week, and
Chrysler bankruptcy filing should not affect underlying
autocatalyst demand - FC Stone's Nickas.

* Platinum and palladium are used to clean exhaust fumes
from vehicles.

* Spot platinum XPT= at $1,102.50 an ounce, up 0.7
percent from its late Wednesday quote.

PALLADIUM

* June palladium PAM9 tracked platinum closed down $4.80,
or 2.2 percent, at $218.20 an ounce.

* Spot palladium XPD= was at $215.50 an ounce, down 1.4
percent from its previous finish.
(Reporting by Frank Tang; Editing by Christian Wiessner)