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RTRS: Gold falls on weak equities
 
SINGAPORE (Reuters) - Gold slipped on Wednesday despite a weaker U.S. dollar after Japanese stocks fell more than 1 percent, prompting some market players to sell bullion to cover losses.

-- By 0045 GMT, gold was trading at $812.75 an ounce, down $7.10 an ounce from New York's notional close.

-- Bullion rallied to a six-week high of $830.10 on Tuesday after the Federal Reserve announced a new programme to support consumer debt securities, but profit taking and weaker-than-expected U.S. data erased some of the gains.

-- The Nikkei average slipped 1.1 percent on Wednesday, weighed high-tech shares

-- The U.S. dollar dropped for a third day against the euro on Tuesday, giving the euro its best three-day percentage advance ever, as new U.S. measures to boost consumer lending helped ease concerns about the financial crisis, diminishing demand for the dollar as a haven.

-- Platinum traded at $855.00 an ounce, down $5.00 from New York's notional close.

-- New York gold futures fell $6.0 an ounce to $812.5.

Source