US gold slips off 14-month peak as dollar recovers

NEW YORK, Sept 17 (Reuters) - U.S. gold futures seesawed
around unchanged on Thursday after reaching a high dating back
to July 2008, dipping as the dollar recovered, traders said.

For the latest detailed report, click on [GOL/].

GOLD

* December gold GCZ9 was down $2.90 at $1,017.40 an ounce
on the COMEX division of the New York Mercantile Exchange at
10:26 EDT (1426 GMT).

* The range tightened to $1,013.50 an ounce to $1,025.80 an
ounce, a fresh high last visited in July 2008.

* Gold was lifted to a new 14-month high in early trade
when the dollar fell to a fresh one-year low versus the euro -
traders.

* But a pick up in the dollar undermined bulls and tipped
gold into negative territory -traders.

* The U.S. dollar recovered against most major currencies
as the New York session began. [USD/]

* Gold's downside was limited, with buyers on the prowl for
dips especially after the latest round of
stronger-than-forecast U.S. economic data - traders.

* Factory activity in the U.S. Mid-Atlantic region rose in
September to the highest level since June 2007, the latest
Philadelphia Federal Reserve survey showed. Story:
[ID:nN17362464] Table: [ID:nTAR001009]

* Earlier, new U.S. housing starts and permits rose in
August to their highest level since November, lifted by a
rebound in multifamily homes. Story: [ID:nN16145484] Table:
[ID:nCAT002855]

* The number of U.S. workers filing new claims for jobless
benefits unexpectedly fell by 12,000 last week, while there was
a rise in the number of those still on the benefit rolls after
an initial week of aid. Story: [ID:nN17191439] Table:
[ID:nOAT002288]

* Some gold bulls reason that a pick up in economic
activity increases fears that inflation will heat up down the
road - traders.

* Technicians are eyeing the $1,033.90 per ounce prior
record high on COMEX gold's continuation chart - analysts.

* Spot gold XAU= eased to $1,015.30 an ounce from
$1,017.65 an ounce in late New York dealings on Wednesday.

* London afternoon gold XAUFIX= was fixed at higher at
$1,018.50 an ounce.

* For the latest Reuters coverage of the Denver Gold Forum
please see [nN14522776]

SILVER

* December silver SIZ9 was up 3.0 cents at $17.46 an
ounce.

* Silver was bought as an industrial metal in response to
the Philly Fed's strong reading of factory activity - traders.

* Range reaches from $17.2850 to 17.69 an ounce, its
highest since August 2008.

* Spot silver XAG= edges up to $17.38 an ounce from
$17.36 an ounce at Wednesday's late dealings.

* London silver XAGFIX= was fixed higher at $17.38 an
ounce.

PLATINUM

* October platinum PLV9 was up $2.90 at $1,353.0 an
ounce.

* Spot platinum XPT= was even at $1,344.0 an ounce.

* Platinum was also being bought as an industrial metal.

PALLADIUM

* December palladium PAZ9 gains $7.10 to $307.60 an
ounce.

* Spot palladium XPD= was quoted at $301.50 an ounce, up
from $298.0 in late Wednesday business.
Prices at 10:55 a.m. EDT (1455 GMT)

Last Change Pct 2008 YTD

Chg Close % Chg
US gold GCZ9 1019.10 -1.10 -0.1 884.30 15.2
US silver SIZ9 17.525 0.095 0.6 11.295 55.2
US platinum PLV9 1353.50 3.40 0.3 941.50 43.8
US palladium PAZ9 307.60 7.10 2.4 188.70 63.0
Gold XAU= 1017.45 0.75 0.1 878.200 15.9
Silver XAG= 17.48 0.13 0.7 11.30 54.7
Platinum XPT= 1343.50 -1.00 -0.1 924.50 45.3
Palladium XPD= 301.50 5.50 1.9 184.50 63.4
Gold Fix XAUFIX= 1018.50 2.75 0.3 836.50 21.8
Silver Fix XAGFIX= 17.380 0.090 0.5 14.760 17.8
Platinum Fix XPTFIX= 1339.00 0.00 0.0 1529.00 -12.4
Palladium Fix XPDFIX= 298.00 0.00 0.0 365.00 -18.4
(Reporting by Carole Vaporean; Editing by David Gregorio)