By Kim Kyoungwha April 20 (Bloomberg) -- Gold traded little changed below $1,140 an ounce in Asia as traders weighed the likely impact of regulatory action against Goldman Sachs Group Inc. on investor demand for commodities. Gold for immediate delivery swung between a gain of 0.2 percent and a matching decline before trading little changed at $1,137.60 an ounce at 9:15 a.m. in Singapore. The metal plunged to $1,124 an ounce yesterday, the lowest since April 6, as the action against Goldman spooked investors, and helped lift the dollar to a one-week high against its major counterparts. “The cautious mood still dominates the markets on the Goldman fallout,” said Hwang Il Doo, a senior trader with KEB Futures Co. in Seoul. “But the precious metals complex is most likely to be influenced by the path of the dollar.” The greenback was barely changed against a basket of six currencies after three days of gains as investigations into Goldman spread to Europe. U.K. Prime Minister Gordon Brown called for regulators to investigate Goldman, and Germany signaled it may begin its own probe. The Reuters/Jefferies CRB Index of 19 raw materials fell as much as 1.3 percent yesterday after declining 1.2 percent on April 16. Goldman is the biggest U.S. commodity brokerage. Silver increased 0.5 percent to $17.83 an ounce, platinum advanced 0.1 percent to $1,697 an ounce and palladium fell 0.2 percent at $536.75 an ounce. To contact the reporter on this story: Kyoungwha Kim in Singapore at Kkim19@bloomberg.net

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