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PRECIOUS-Gold eases as stocks retreat, dollar strengthens
Feb 4th 2013, 11:36

* Stocks retreat in Europe, euro wilts against dollar * Robust Chinese demand supports prices before New Year * Platinum rises to 4-mth high; palladium 17-month peak (Updates throughout, changes dateline from SINGAPORE) By Clara Denina LONDON, Feb 4 (Reuters) - Gold edged lower on Monday as investors exited positions after mostly upbeat U.S. data signalled that the economic recovery is gaining traction, while a dip in stock markets and a stronger dollar added pressure. Platinum group metals outperformed, with palladium hitting its highest in 17 months and platinum a four-month high, following strong U.S. auto sales reports for January and a downbeat earnings statement from major platinum...

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