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US gold futures ended higher on Monday after briefly rising above $1,060 an ounce as the dollar's weakness increased the appeal of bullion as a hedge against a falling US currency. Most-active December gold futures settled up $8.90 at $1,057.50 an ounce on the COMEX division of the New York Mercantile Exchange.
GOLD: COMEX estimated 1 pm volume at 63,429 lots. Spot gold was at $1,054.95 an ounce at 2:32 pm EDT (1832 GMT), against its previous finish of $1,048.25 quoted late in New York.
SILVER: December silver ended up 13 cents at $17.820 an ounce, down with gold. Ranged from $17.710 to $17.990. COMEX estimated 1 pm volume at 15,252 lots. Spot silver was at $17.73, versus its previous finish of $17.67 an ounce.
PLATINUM: January platinum finished up $7.90 at $1,347.30 an ounce on general economic optimism. Spot platinum was at $1,337, compared with its previous finish of $1,332.
PALLADIUM: December palladium closed up $6.05, or 1.9 percent, at $329.80 an ounce on strong investment demand. Spot palladium was at $323.50, against its previous close of $317.50.

Copyright Reuters, 2009

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