Tokyo gold futures rose on Tuesday in line with rises in New York's Comex market and spot bullion prices, which looked set to top a key resistance level of $416 an ounce this week.
The benchmark December 2004 gold contract on the Tokyo Commodity Exchange (TOCOM) settled up seven yen per gram at 1,383 yen, after wavering between 1,381 and 1,388 yen.
Other months rose by 11 to 15 yen. Total gold turnover was estimated at a moderate 97,155 lot, or about 97.16 tonnes, down from Monday's 121,220 lots.
In the spot market, bullion was fetching $408.25/9.00 an ounce at TOCOM's closing bell, compared with $406.25/$407.00 last quoted in New York.
Analysts said that gold's fortunes remain firmly tied to the US dollar, and that any renewed weakness in the greenback was likely to boost the price of the yellow metal.
The fact that the Group of Seven meeting this week ended with no agreement to stem the US dollar's fall was likely to be a boon for gold prices, they said.
The dollar was fetching 105.47/52 yen, against 105.58/66 yen at about the same time on Monday. Below are closing prices for TOCOM's most active precious metals contracts, with the day's turnover for each metal.