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US gold futures ended 1.2 percent higher on Monday, retreating from their session peaks, as a dollar bounce capped commodities across the board, with fears over physical demand weighing on sentiment. December settled up $8.60, or 1.2 percent, at $726.80 an ounce on the COMEX division of the New York Mercantile Exchange. Range between $721.80 and $739.50.
GOLD: COMEX gold open interest dropped 1.8 percent to 313,709 lots last Spot gold at $723.50 at 3:07 pm EST (2007 GMT), a hair higher than Friday's close of $723.05.
SILVER: December ended up 2.0 cents at $9.75 an ounce. Steadier stock markets supported industrial metals such as silver following a recent sell-off. COMEX estimated final volume at 12,214 lots. Spot silver at $9.72, down 0.9 percent from Friday's close of $9.81.
PLATINUM: NYMEX January platinum finished down $4.50 at $827.10 an ounce. Recession worries hurt platinum, which is mostly seen as an industrial metal used for catalytic converters in cars. Spot platinum fetched $811.50.
PALLADIUM: December palladium closed up $2.75, or 1.4 percent, at $202.30 an ounce.

Copyright Reuters, 2008

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