SINGAPORE, June 14 (Reuters) - Gold rebounded on Tuesday after posting its biggest one-day loss in a month in the previous session on growing worries about another economic downturn, but a weaker U.S. dollar could offer some support.
FUNDAMENTALS
* Spot gold added $3.88 an ounce to $1,518.61 an ounce by 0017 GMT after falling as low as $1,511.11 on Monday, its weakest since late May. Gold is well below a lifetime high around $1,575 touched in early May.
* Silver rose 33 cents to $35.02 an ounce, below a record at $49.51 an ounce in April.
* Holdings of the largest silver-backed exchange-traded-fund (ETF), New York's iShares Silver Trust , fell 2.1 percent from Friday to Monday, while the largest gold-backed ETF, New York's SPDR Gold Trust saw its holdings dip 0.08 percent during the same period.
MARKET NEWS
* The safe-haven Swiss franc held near a record high against the euro in Asia on Tuesday, benefiting from the ongoing European debt crisis, while the greenback stayed under pressure as other currencies like the Australian dollar squeezed higher.
* The Nikkei average was little changed on Tuesday but shares of electric power companies jumped after the cabinet approved a scheme to help Tokyo Electric Power compensate people affected by the crisis at its crippled nuclear plant.
* Grains and oil led commodities lower on Monday amid worries that the economic recovery was losing steam, with a deepening euro zone debt crisis and signs of slowing Chinese demand overshadowing a weak dollar.
DATA EVENTS (GMT)
0200 China Industrial output yy May 2011
0200 China Retail sales yy May 2011
0200 China CPI yy May 2011
0200 China PPI yy May 2011
0200 China Urban investment (ytd)yy May 2011
0330 Japan BOJ rate decision Jun 2011
0430 Japan Industrial output rev Apr 2011
1145 U.S. ICSC chain stores yy Weekly
1230 U.S. PPI inflation yy, NSA May
1230 U.S. Producer prices mm May
1230 U.S. Producer prices,core mm May
1230 U.S. Producer prices, core yy May
1230 U.S. Retail sales mm May
1400 U.S. Business inventories mm Apr
Precious metals prices 0017 GMT
Metal Last Change Pct chg YTD pct chg Turnover Spot Gold 1518.61 3.88 +0.26 6.99 Spot Silver 35.02 0.33 +0.95 13.48 Spot Platinum 1800.74 9.49 +0.53 1.88 Spot Palladium 796.47 6.69 +0.85 -0.38 TOCOM Gold 3927.00 -38.00 -0.96 5.31 36992 TOCOM Platinum 4697.00 -68.00 -1.43 0.02 8246 TOCOM Silver 90.60 -2.30 -2.48 11.85 783 TOCOM Palladium 2064.00 -24.00 -1.15 -1.57 231 Euro/Dollar 1.4402 Dollar/Yen 80.15 TOCOM prices in yen per gram. Spot prices in $ per ounce.
(Reporting by Lewa Pardomuan; Editing by Clarence Fernandez)