US gold futures ended higher in choppy trade on Tuesday, after hitting a record high early in the session, as a weaker US currency prompted investors to hedge against the depreciation of dollar-denominated assets. Most-active December gold futures settled up $7.50 at $1,065 an ounce on the COMEX division of the New York Mercantile Exchange.
GOLD: COMEX estimated 1 pm volume at 123,559 lots. Spot gold was at $1,063.80 an ounce at 2:01 pm EDT (1801 GMT), against its previous finish of $1,055.25 quoted late in New York.
SILVER: December silver ended up 2 cents at $17.840 an ounce, as the market took a breather after a strong rally on investor demand. Ranged from $17.565 to $18.075 - the highest price since August 2008. COMEX estimated 1 pm volume at 35,847 lots. Spot silver was at $17.70, versus its previous finish of $17.68 an ounce.
PLATINUM: January platinum finished up $13.40 at $1,360.70 an ounce on broad-based metals strength. Spot platinum was at $1,353, compared with its previous finish of $1,336.50.
PALLADIUM: December palladium closed unchanged at $329.80 an ounce, as demand from the investment sector continued to hold firm. Spot palladium was at $325.50, unchanged from its previous session close.
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