US gold futures erased initial gains but still ended higher on Thursday, hit by heavy selling after bullion failed to breach resistance at $850 and as the dollar retraced losses in the early sessions.
GOLD: December settled up $3.20 at $837.20 an ounce on the COMEX division of the New York Mercantile Exchange. Range traded was $830.50 to $849.70 - a near three-week high.
Bullion weighed by a higher dollar, which reversed initial weakness against the euro. Spot gold at $831.45/832.65 at 2:15 pm EDT (1815 GMT), versus Wednesday's US close at $826.05/827.45. London's afternoon gold fix at $838.25.
SILVER: September ended up 13.4 cents, or 1 percent, at $13.604 an ounce, in a $13.455 to $14.030 range. Silver follows the strength of gold and other precious metals. Estimated final volume 39,293 lots. Spot silver at $13.64/13.70 versus $13.49/13.55 at the Wednesday close. Silver gold fix was set at $13.78 an ounce.
PLATINUM: October finished up $43.50, or 3 percent, at $1,484.20 an ounce. Platinum's recent sharp drop due to heavy speculative and investor liquidations, and increasing flows of scrapped metal - analysts. Spot platinum at $1,469.00/1,489.00.
PALLADIUM: September closed up $6.60, or 2.3 percent, at $293.10 an ounce. Spot palladium at $289.00/297.00.