Thomson Reuters



NEW YORK, Dec 2 (Reuters) - U.S. gold futures rose to
record highs well above $1,200 an ounce on Wednesday in the
face of a stronger dollar, boosted by heavy buying by hedge
funds and other gold investment products.

For the latest detailed report, click on [GOL/].

GOLD

* COMEX February gold up $13.70, or 1.5 percent, at
$1,213.90 an ounce at 10:32 a.m. EST (1532 GMT) on the NYMEX.

* Ranged from $1,196.50 to $1,218.40 -- an all-time high.

* Momentum and fund buying drive gold to all-time highs
above $1,200 an ounce level - traders.

* Gold firm in spite of a dollar rise on the back of a
worse-than-expected U.S. private sector report. [USD/]

* Buying by hedge funds, general public through vehicles
such as gold exchange-traded funds clearly supporting prices -
New York metals broker.

* Gold stocks, measured by the Gold BUGS index ,
adding 3 percent following Tuesday's sharp rally.

* Record gold prices indicative of higher asset allocations
in many investor portfolios and funds, which would like to
hedge against their exposure to dollar-denominated investments
- analysts.

* Investor sentiment firm after last week's news that Sri
Lanka acquired gold from the IMF, and a report that India is
open to buying more IMF gold.

* Gold-to-oil ratio at 15.66, up from the previous
session's 15.30.

* COMEX estimated 10 a.m. volume at 115,305 lots.

* Spot gold at $1,214.80 an ounce, after hitting a
record high of $1,216.75. Finished the previous session in New
York at $1,196 on Tuesday.

* London's afternoon gold fix at $1,212.50 an
ounce.

SILVER

* March silver up 20 cents, or 1.1 percent, at
$19.41 an ounce, tracking record gold prices.

* Ranged from $19.10 to $19.47 - the highest level since
July 2008.

* COMEX estimated 10 a.m. volume at 19,707 lots.

* Spot silver was at $19.36, against $19.07 in the
previous session in New York.

* London silver fix at $19.18.

PLATINUM

* January platinum up $23.90, or 1.6 percent, at
$1,510.50 an ounce, boosted by gold's rally and signs of
recovery in auto demand.

* Platinum futures hit their highest level since August
2008,

* More than half of the world's platinum supply used as
autocatalyst employed in vehicles to clean exhaust fumes.

* Spot platinum $1,506 an ounce.

PALLADIUM

* March palladium up $9.10, or 2.4 percent, at
$393.05 an ounce on strong investment buying amid a precious
metals rally.

* Spot palladium $389 an ounce.
Prices at 10:48 a.m. EST (1548 GMT)