The metal for January delivery was little changed at $809.40 an ounce in after-hours electronic trading on the Comex division of the New York Mercantile Exchange. October-delivery platinum on the Tokyo Commodity Exchange rose 0.6 percent to 2,389 yen a gram ($796 an ounce) at the 11 a.m. local time break.
"Speculative money isn’t flowing in as investors took money off the table at the end of last month, and it’s unlikely there will be big inflows now we’re at the end of the year,” said Mizuho’s Yoshii.
U.S. auto sales have dropped for 13 straight months compared with year-earlier results, the longest slide in 17 years. The U.S. is the world’s biggest market for cars and light trucks, which are included in the figures.
Gold for October delivery added 1.8 percent to 2,321 yen a gram in Tokyo at the trading break, and Shanghai gold for June delivery gained 0.3 percent to 169.30 yuan a gram ($765 an ounce).
"No one really wants to buy equities so there isn’t much choice at the moment if you want to stay invested,” said Yoshii.
Among other precious metals for immediate delivery, silver lost 1.2 percent to $9.47 an ounce, and palladium was up 0.3 percent at $173.50 an ounce.
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