CORRECTED: Platinum hits record on supply

Typography

SINGAPORE (Reuters) - Platinum hit another record high on Monday on the back of lingering supply concerns in South Africa, which produces four-fifths of the world's metal, while gold firmed near an historic high.

(Corrects price of Comex gold in second last paragraph to $927.1 an ounce, not $827.1, also corrects the ask price for silver in New York in last paragraph)

SINGAPORE (Reuters) - Platinum hit another record high on Monday on the back of lingering supply concerns in South Africa, which produces four-fifths of the world's metal, while gold firmed near an historic high.

-- Platinum rose to $1,886/1,894 an ounce from $1,880/1,888 late in New York on Friday.

-- South Africa has appealed to mining companies for help in cutting power consumption to ease a power crisis caused by the failure of electricity generation to match economic growth.

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-- Spot gold firmed to $923.00/924.50 an ounce from $918.00/918.70 an ounce in New York and held near a record high of $936.50 an ounce hit in early February.

-- Markets in Tokyo were closed for a holiday. The benchmark platinum futures contract on the Tokyo Commodity Exchange ended 130 yen per gram higher at 6,143 yen on Friday.

-- The dollar held mostly steady on Monday after a weekend Group of Seven meeting acknowledged growing risks to the global economy and kept comments on currencies almost unchanged from the October statement.

-- The euro edged up to $1.4520 from late in New York on Friday, with trade very thin as Tokyo was closed on Monday while China was still celebrating Lunar New Year.

-- Palladium hit a high of $437 an ounce, matching Friday's 6-year high. It was quoted at $436/441 late in New York.

-- COMEX's April gold futures rose $4.8 an ounce to $927.1 an ounce.

-- Silver edged up to $17.20/17.25 an ounce from $17.10/17.15 in New York.

Precious metals prices at 0047 GMT

Metal Last Change Pct chg YTD pct chg Turnover

Spot Gold 923.00 -0.50 -0.05 10.84

Spot Silver 17.20 0.03 +0.17 16.45

Spot Platinum 1887.00 7.00 +0.37 24.14

Spot Palladium 437.00 1.00 +0.23 18.75

Euro/Dollar 1.4540

Dollar/Yen 107.39

TOCOM prices in yen per gram, except TOCOM silver which is priced in yen per 10 grams. Spot prices in $ per ounce.

(Reporting by Lewa Pardomuan; Editing by Tomasz Janowski)