NEW YORK, Feb 24 (Reuters) - U.S. gold futures dropped inchoppy trade on Wednesday, hurt by volatile currency movementsand as disappointing U.S. new home sales dampened the metal"sinflation hedge appeal. * For the latest detailed report, click on [GOL/]. GOLD * COMEX April GCJ0 down $3.20 at $1,100 an ounce at 10:32a.m. EST (1532 GMT). * Ranged from $1,090.20 to $1,108.80. * Gold weakened as dollar cut losses after report showedU.S. new home sales drop to record low in January.[ID:nN24373288] * Follow-through selling due to uncertainty amid Bernanke"sCongressional testimony, options-related selling - traders. * Support seen in $1,098 to $1,094 area -- downward trendline connecting the record high, January and February peaks, aswell as 20-day moving average - technical analyst. * Comex estimated 10 a.m. volume at 99,495 contracts. * Spot gold XAU= at $1,100.20, compared with $1,102.95late in New York in the previous session. * London gold afternoon fix XAUFIX= at $1,103. SILVER * March SIH0 up 70 cents at $15.895 an ounce, asinvestors buy at bargain prices after Tuesday"s decline. * Range $15.620 to $15.985. * Spot silver XAG= at $15.87 an ounce compared with theprevious session"s $15.82 late quote in New York. * Comex estimated 10 a.m. volume at 39,725 contracts. * London silver XAGFIX= fix at $15.76 an ounce. PLATINUM * April PLJ0 up 70 cents at $1,511 an ounce, asindustrial metals erase losses. * Spot platinum XPT= at $1,508 an ounce. PALLADIUM * March palladium PAH0 down $6.75, 1.6 percent, at$427.25 an ounce, as troubles from Toyota Motors dent sentimenton autocatalyst demand. * Spot palladium XPD= at $425 an ounce.Prices at 10:38 a.m. EST (1538 GMT) Last Change Pct 2009 YTD Chg Close % ChgUS gold GCJ0 1100.90 -2.30 -0.2 1096.20 0.4US silver SIH0 15.915 0.027 0.2 16.845 -5.5US platinum PLJ0 1513.10 2.80 0.2 1471 2.9US palladium PAH0 427.10 -6.90 -1.6 408.85 4.5Gold XAU= 1100.10 -2.85 -0.3 1096.35 0.3Silver XAG= 15.90 0.08 0.5 16.84 -5.6Platinum XPT= 1510.00 0.00 0.0 1465.50 3.0Palladium XPD= 425.50 -3.00 -0.7 405.50 4.9Gold Fix XAUFIX= 1103.00 10.00 0.9 1104 -0.1Silver Fix XAGFIX= 15.76 -34.00 -2.1 16.99 -7.2Platinum Fix XPTFIX= 1504.00 7.00 0.5 1466 2.6Palladium Fix XPDFIX= 427.00 2.00 0.5 402 6.2 (Reporting by Frank Tang; Editing by Lisa Shumaker)
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