US gold ends tad higher despite dollar rebound

NEW YORK, Nov 17 (Reuters) - U.S. gold futures ended a tad
higher on Tuesday, recovering from losses earlier in the
session, as worries about long-term inflation more than offset
a stronger dollar.

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

GOLD

* COMEX December gold GCZ9 settles up 20 cents at
$1,139.40 an ounce on the NYMEX.

* Range spanned from $1,127.80 to $1,142. December scaled a
record high $1,144.20 an ounce on Monday.

* Combination of options-related buying, short-covering and
inflation worries boost gold - Bruce Dunn at Auramet.

* Tremendous open interest of $1,200 call options could
pull market higher - Dunn.

* Gold initially pressured by risk averse sentiment, which
also sends the dollar to session highs against the euro.
[USD/]

* Gold could hit $1,200 an ounce by year-end, and gold in
euro, sterling and yen terms looked better than in dollar terms
- Dennis Gartman.

* Gold investors should use caution as "longs" could leave
the market in a moment's notice - Gartman.

* COMEX estimated final volume at 137,913 lots.

* Spot gold XAU= at $1,140.75 an ounce at 3:34 p.m. EST
(2034 GMT), compared with $1,139.05 late in the previous
session in New York.

* London's afternoon gold fix XAUFIX= at $1,134.75 an
ounce.

SILVER

* December silver SIZ9 finishes down 1.3 cents at $18.387
an ounce on profit-taking, after a sharp rally of more than $1
on Monday.

* Ranged from $18.085 to $18.435.

* COMEX estimated final volume at 64,485 lots.

* Spot silver XAG= was at $18.40 against $18.36 in the
previous session in New York.

* London silver fix XAGFIX= at $18.10.

PLATINUM

* January platinum PLF0 ends up $17.90, or 1.2 percent,
at $1,462.50 an ounce as improving economic sentiment boosts
demand.

* Spot platinum XPT= $1,452.50 an ounce.

PALLADIUM

* December palladium PAZ9 closes down $4, or 1.1 percent,
at $372 an ounce.

* Spot palladium XPD= $369 an ounce.

Close Change Pct 2008 YTD

Chg Close % Chg
US gold GCZ9 1139.40 0.2 0.0 884.3 28.8
US silver SIZ9 18.387 -0.013 -0.1 11.295 62.8
US platinum PLF0 1462.50 17.90 1.2 941.50 55.3
US palladium PAZ9 372.00 -4.00 -1.1 188.70 97.1
Prices at 3:33 p.m. EST (2033 GMT)
Gold XAU= 1141.25 2.20 0.2 878.20 30.0
Silver XAG= 18.39 0.03 0.2 11.30 62.7
Platinum XPT= 1453.00 12.00 0.8 924.50 57.2
Palladium XPD= 368.50 -4.500 -1.2 184.50 99.7
Gold Fix XAUFIX= 1134.75 3.00 0.3 836.50 35.7
Silver Fix XAGFIX= 18.10 36.00 2.0 14.76 22.6
Platinum Fix XPTFIX= 1438.00 4.00 0.3 1529 -6.0
Palladium FixXPDFIX= 368.00 3.00 0.8 365.0 0.8
(Reporting by Frank Tang; editing by Jim Marshall)