BENGALURU, June 30 (Reuters) - Gold edged down on Thursday
after rising as much as 1 percent during the previous session,
with safe-haven demand easing as the shock of Britain's decision
to leave the European Union began to fade.
FUNDAMENTALS
* Spot gold XAU= had fallen 0.3 percent to $1,313.99 an
ounce by 0055 GMT. It closed about 0.5-percent higher on
Wednesday, rising for three out of four sessions.
* U.S. gold GCcv1 was down 0.8 percent at $1,316.90.
* Silver XAG= climbed around 3 percent to reach a 1-1/2
year high on Wednesday.
* Asia stocks rose on Thursday, tracking an overnight rally
on Wall Street, while the safe-haven Japanese yen retreated as
global markets regained a semblance of calm after last week's
Brexit shock. MKTS/GLOB
* The dollar took a breather in Asia on Thursday but
remained near a 3-1/2 month high against a basket of currencies
hit in the wake of Britain's stunning vote to exit from the EU,
while recently battered sterling crawled higher. USD/
* Holdings in SPDR Gold Trust GLD , the world's largest
gold-backed exchange-traded fund, rose 0.28 percent to 950.05
tonnes on Wednesday, the highest since July 2013.
* The U.S. economy is on track to grow by a 2.7 percent
annualized rate in the second quarter following data on consumer
spending in May, the Atlanta Federal Reserve's GDPNow forecast
model showed on Wednesday.
* U.S. consumer spending rose for a second straight month in
May on increased demand for automobiles and other goods.
* The European Central Bank is in no rush to ease monetary
policy in response to Britain's vote to leave the European
Union, taking comfort in a calmer-than-feared market reaction,
bank officials said on Wednesday.
* Oil and gold were the clear winners for investors in a
tumultuous first half year in markets, with Shanghai A shares
the standout losers and euro zone stocks dealt a body blow by
Brexit.
* JPMorgan Chase & Co (NYSE:JPM) JPM.N on Wednesday won the dismissal
of three private antitrust lawsuits, including from hedge fund
manager Daniel Shak, accusing the largest U.S. bank of rigging a
market for silver futures contracts traded on COMEX.
* For the top stories on metals and other news, click
TOP/MTL or GOL
DATA AHEAD (GMT)
0600 Germany Retail sales May
0645 France Producer prices May
0755 Germany Unemployment rate Jun
0830 Britain GDP Q1
0900 Euro zone Inflation Jun
1230 U.S. Weekly jobless claims
1345 U.S. Chicago PMI Jun