NEW YORK, Nov 5 (Reuters) - U.S. gold futures rose to
within striking distance of $1,100 an ounce Thursday on strong
sentiment and a stock market rally, offsetting selling pressure
after a sharp rally this week.
For the latest detailed report, click on [GOL/].
GOLD
* December gold GCZ9 up $4 at $1,091.30 an ounce at 10:47
a.m. EDT (1447 GMT) on the COMEX division of the New York
Mercantile Exchange.
* Range from $1,084.30 to $1,095.20. December hit a record
$1,098.50 on Wednesday.
* Gold boosted by economic optimism amid a Wall Street
rally. S&P 500 index up almost 2 percent.
* Gold market has decoupled itself from the dollar for the
time being - FC Stone.
* Sentiment strong on expectations of renewed central bank
interest after IMF sold 200 tonnes of gold to India on Monday.
* Gold boosted on the notion that India could buy more gold
from the IMF, or more IMF gold could be sold to central banks
without weighing on the open market - traders.
* However, gold rally running out of steam as backing and
filling needed to sustain historic levels after quick
acceleration - FC Stone.
* COMEX estimated 10 a.m. volume at a relatively light
68,719 lots.
* Gold-to-oil ratio at 13.59, down from 13.64 in the
previous session.
* Spot gold XAU= was at $1,090.20 an ounce, down from
$1,092.35 quoted late in the previous session in New York.
* London's afternoon gold fix XAUFIX= at $1,089.
SILVER
* December silver SIZ9 up 6.5 cents at $17.470 an ounce,
rising with gold.
* Range from $17.220 to $17.530.
* COMEX estimated 10 a.m. volume at 18,138 lots.
* Spot silver XAG= was at $17.43, versus $17.44 in the
previous session in New York.
* London silver fix XAGFIX= at $17.38.
PLATINUM
* January platinum PLF0 down $7.60 at $1,361.70 an ounce
on profit taking.
* Spot platinum XPT= was at $1,355, compared with late
previous session quote of $1,364 in New York.
PALLADIUM
* December palladium PAZ9 up $1.45 at $330.25 an ounce on
investment demand.
* Spot palladium XPD= was at $327, unchanged compared
with its previous session's close.
Prices at 10:47 a.m. EST (1547 GMT)
Last Change Pct 2008 YTD
Chg Close % Chg
US gold GCZ9 1091.20 3.90 0.4 884.30 23.4
US silver SIZ9 17.485 0.080 0.5 11.295 54.8
US platinum PLF0 1362.00 -7.30 -0.5 941.50 44.7
US palladium PAZ9 330.25 1.45 0.4 188.70 75.0
Gold XAU= 1090.60 -1.75 -0.2 878.20 24.2
Silver XAG= 17.45 0.01 0.1 11.30 54.4
Platinum XPT= 1352.50 -11.50 -0.8 924.50 46.3
Palladium XPD= 327.00 0.00 0.0 184.50 77.2
Gold Fix XAUFIX= 1089.00 1.00 0.1 836.50 30.2
Silver Fix XAGFIX= 17.38 -10.00 -0.6 14.76 17.8
Platinum Fix XPTFIX= 1359.00 1.00 0.1 1529.00 -11.1
Palladium Fix XPDFIX= 330.00 1.00 0.3 365.00 -9.6
(Reporting by Frank Tang; Editing by Walter Bagley)
