NEW YORK, Jan 8 (Reuters) - New York gold futures turned lower in choppy trade on Friday as the dollar erased initial gains against the euro following a report that showed U.S. employers unexpectedly cut jobs in December.
For the latest detailed report, click on [GOL/].
* Gold for February deliverydown $7.30 at $1,126.60 an ounce at 10:15 p.m. EST (1515 GMT) on the COMEX division of the New York Mercantile Exchange.
* Range from $1,119.50 to $1,140.
* Gold trading in a more than $20 range due to volatile currency movements.
* February contract initially rose as the dollar dropped sharply following disappointing U.S. jobs data.
* Nervousness about recovery, possible timing of interest-rate increases, end of quantitative easing supporting gold - Mark O'Byrne at GoldCore.
* After early declines, dollar trims gains and nearly unchanged against a basket of major currencies. [FRX/]
* Initial gains in gold futures driven by traders who quickly covered previously sold positions - George Gero at RBC.
* Gold/oil ratio at 13.69, against previous session's 13.72.
* COMEX estimated 10 a.m. volume at 117,783 lots.
* Spot goldat $1,128 an ounce, against the previous session's late quote of $1,131.40.
* London afternoon gold fixat $1,126.75.
* March silverup 0.5 cent at $18.350 an ounce, as market looking for a clear direction.
* Range from $18.055 to $18.490 -- a four-week high.
* COMEX estimated 10 a.m. volume at 21,207 lots.
* Spot silverat $18.33 an ounce, versus the previous session's late quote at $18.22 an ounce.
* London silver fixat $18.12.
* NYMEX April platinumup $2.10 at $1,561.50 an ounce on positive sentiment on the launch of the first U.S. platinum and palladium exchange-traded funds.
* ETF Securities Ltd's first U.S. platinum and palladium ETFs started trading on Friday with buying interest seen in early sessions. [ID:nN08363435]
* Spot platinumwas at $1,554 an ounce.
* March palladiumup $1.40 at $425.95 an ounce on strong investment buying.
* Spot palladiumwas at $422.50 an ounce. (Reporting by Frank Tang; editing by Jim Marshall )
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