UPDATE 1-U.S.-based commodities, precious metals funds bleed $779 mln - Lipper

(Adds head of Lipper Americas Research, table) By Sam Forgione NEW YORK, July 23 (Reuters) - Investors in U.S.-based funds pulled $779 million from commodities and precious metals funds in the week ended July 22, marking the funds' biggest outflows since late 2013, data from Thomson Reuters' Lipper service showed on Thursday. The cash withdrawals from the commodities and precious metal funds, which mainly invest in gold futures, follow gold's deep slump. The yellow metal is down

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