New York gold futures hit a four-week low Friday, reversing initial gains as a resurgent dollar following upbeat U.S. economic data sent jittery bullion investors racing to cut positions.

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

GOLD
* COMEX February gold GCG0 settles down $6.30 as $1,119.90 an ounce on the COMEX division of NYMEX.
* Ranging from $1,143.40 to $1,110.20 - the lowest price since Nov. 13.
* Gold pressured as dollar rises further against the euro and other major currencies after positive U.S. retail and consumer sentiment data.

* Dollar strength will make more recent gold buyers reconsider positioning - Rick Bensignor at broker Execution LLC.

* Investor demand will depend upon how committed investors are to gold's long-term bull run - Bensignor.
* Position liquidation of big players before year end weighs on gold prices - Miguel Perez-Santalla at Heraeus.
* February contract trading more than $100 below its record high of $1,227.50 set Dec. 3.
* Traders citing liquidation from fast money into gold for the metal's sharp pullback this week.
* Gold-to-oil ratio 16.05, up tad from the previous session's 16.04.
* Spot gold XAU= at $1,115.55 at 2:45 p.m. EST (1945 GMT), against the previous session in New York at $1,130.15.
* COMEX estimated final volume at 205,385 lots.
* London's afternoon gold fix XAUFIX= at $1,124.

SILVER
* March silver SIH0 ends down 9.8 cents at $17.090 an ounce largely driven by gold's decline.
* Ranging from $17.115 to $17.640.
* COMEX estimated final volume at 36,319 lots.
* Spot silver XAG= was at $17.13 against $17.37 in the previous session in New York.
* London silver fix XAGFIX= at $17.51.

PLATINUM
* January platinum PLF0 finishes down $1.80 at $1,422.70 an ounce, following gold's decline.
* Spot platinum XPT= at $1,426.50.

 PALLADIUM
* March palladium PAH0 closes down $2.95 at $362.15 an ounce on dips buying.
* Spot palladium XPD= at $358.50.

                     Close  Change   Pct     2008    YTD
                                     Chg   Close   % Chg
US gold      GCG0    1119.90    -6.3  -0.6   884.3    26.6

US silver    SIH0     17.090  -0.098  -0.6  11.295    51.3

US platinum  PLF0    1422.70   -1.80  -0.1  941.50    51.1

US palladium PAH0     362.15   -2.95  -0.8  188.70    91.9

Prices at 2:34 p.m. EST (1933 GMT)

Gold         XAU=    1115.60  -14.55  -1.3  878.20    27.0

Silver       XAG=      17.11   -0.26  -1.5   11.30    51.4

Platinum     XPT=    1426.50    4.50   0.3  924.50    54.3

Palladium    XPD=     359.00  -3.500  -1.0  184.50    94.6

Gold Fix     XAUFIX= 1124.00  -16.00  -1.4  836.50    34.4

Silver Fix   XAGFIX=   17.51   12.00   0.7   14.76    18.6

Platinum Fix XPTFIX= 1429.00    7.00   0.5    1529    -6.5

Palladium FixXPDFIX=  367.00    0.00   0.0   365.0     0.5

(Reporting by Frank Tang; Editing by Christian Wiessner)