NEW YORK, Oct 15 (Reuters) - U.S. gold futures ended lower
on Thursday as the dollar stemmed recent losses, and the metal
consolidated gains after a sharp rally to record highs in the
last two sessions.
For the latest detailed report, click on [GOL/].
GOLD
* December gold futures GCZ9 settle down $14.10, or 1.3
percent, at $1,050.60 an ounce in COMEX trade.
* Range from $1,047.40 to $1,066.80. December scaled a
record high $1,072 on Wednesday.
* Dollar tad lower but halts downward trend, pressures
gold.
* Oil, which has risen for the past six straight sessions
to almost $78 per barrel, now up for the year.
* Gold-to-oil ratio breaks below 14. It is at 13.53, down
from previous session's 14.12.
* Gold's recent rise led by currency worries rather than
inflation.
* Hedge selling by gold miners and fund profit-taking seen
- RBC's George Gero.
* Citigroup large credit writedown stokes bank worries.
* Pullback possible as open interest up 6,565 at 510,752
lots on Oct. 14. <NYMMTLFUT/VOI>
* COMEX estimated final volume at 142,809 lots.
* Spot gold $1,049.70 an ounce at 2:26 p.m. EDT (1826 GMT),
against $1,061.90 late Wednesday in New York.
* London afternoon gold fix XAUFIX= $1,053.50.
SILVER
* December silver SIZ9 ends down 49.3 cents, or 2.8
percent, at $17.415.
* Profit taking seen after investment-driven rally.
* Range $17.360 to $18.000.
* COMEX estimated final volume at 35,713 lots.
* Spot silver XAG= was at $17.40, versus its previous
finish of $17.85 an ounce.
* London silver fix XAGFIX= at $17.54 an ounce.
PLATINUM
* January platinum PLF0 finishes down $11.10 at $1,355.50
an ounce on broad-based metals weakness.
* Spot platinum XPT= was at $1,345.50, compared with its
previous finish of $1,358.
PALLADIUM
* December palladium PAZ9 closes down $2.65 at $328.15 an
ounce, down with platinum.
* Spot palladium XPD= was at $324, compared with its
previous session close at $326.50.
Close Change Pct 2008 YTD
Chg Close % Chg
US gold GCZ9 1050.60 -14.1 -1.3 884.3 18.8
US silver SIZ9 17.415 -0.493 -2.8 11.295 54.2
US platinum PLF0 1355.50 -11.10 -0.8 941.50 44.0
US palladium PAZ9 328.15 -2.65 -0.8 188.70 73.9
Prices at 2:26 p.m. EDT (1826 GMT)
Gold XAU= 1049.60 -12.30 -1.2 878.20 19.5
Silver XAG= 17.41 -0.44 -2.5 11.30 54.1
Platinum XPT= 1345.50 -12.50 -0.9 924.50 45.5
Palladium XPD= 324.00 -2.500 -0.8 184.50 75.6
Gold Fix XAUFIX= 1053.50 1.00 0.1 836.50 25.9
Silver Fix XAGFIX= 17.54 -39.00 -2.2 14.76 18.8
Platinum Fix XPTFIX= 1337.00 10.00 0.7 1529 -12.6
Palladium FixXPDFIX= 326.00 1.00 0.3 365.0 -10.7
(Reporting by Frank Tang; Editing by Lisa Shumaker)
