PRECIOUS-Gold inches up as Trump's Latin American tariffs curb risk appetite

Dec 3 (Reuters) - Gold prices edged up on Tuesday, hovering near the one-week high hit in the previous session, after U.S. President Donald Trump's move to slap tariffs on Brazil and Argentina stoked fresh concerns around global trade and hit risk appetite.


* Spot gold rose 0.1% to $1,463.42 per ounce by 0134

GMT. U.S. gold futures were unchanged at $1,469.20.* Trump ambushed Brazil and Argentina, announcing tariffs on

U.S. steel and aluminium imports from the two countries in a measure that shocked South American officials.

* The dollar traded near a one-week low against the yen, while Asian shares slumped.

* U.S. factory activity contracted for a fourth straight month in November as new orders slumped back to around their lowest level since 2012, while construction spending fell in October.

* A senior adviser to U.S. President Donald Trump said a U.S.-China trade deal was still possible before the end of the year, adding that the first phase of the agreement was being put to paper.

* Trump on Monday said U.S. legislation backing protesters in Hong Kong did not make trade negotiations with China easier, but added he believes Beijing still wants a deal.

* China on Monday banned U.S. military ships and aircraft from visiting Hong Kong and slapped sanctions on several U.S. non-government organisations for allegedly encouraging anti-government protesters in the city to commit violent acts.

* Speculators cut their bullish positions in COMEX gold and raised them in silver contracts in the week to Nov. 26, data showed.

* Canadian gold miner Semafo Inc said it does not expect to restart operations at its Boungou Mine in Burkina Faso this year after a deadly attack on a convoy of buses carrying its employees last month forced it to suspend operations.

* Holdings of the world's largest gold-backed

exchange-traded fund, SPDR Gold Trust , fell 0.72% to

889.16 tonnes on Monday from Friday.

* Palladium fell 0.1% to $1,850.66 per ounce, after scaling an all-time peak in the previous session at $1,861.71.

Silver rose 0.1% to $16.92 per ounce, while platinum

was down 0.1% to $896.91.


0330 Australia RBA Cash Rate Dec1100 Brazil GDP YY, QQ Q3

(Reporting by Sumita Layek in Bengaluru; editing by Uttaresh.V)