U.S. gold futures rallied on Tuesday after the GFMS gold survey released an optimistic price outlook, and closed more than 1 percent higher as investors sought a safe haven ahead of corporate earnings season, analysts said. For the latest detailed report, click on [GOL/]. GOLD * Gold for June delivery GCM9 closed $10.50, or 1.20 percent, higher at $883.30 an ounce on the COMEX division of the New York Mercantile Exchange. * Trading ranged from a higher low at $870.10 to $884.50. * Monday's low of $865 was last hit on Jan. 23. * Positive price projections issued by metals consultancy GFMS gave a lift to gold -analysts. * Gold may rise through $1,100 an ounce in 2009 amid fears of inflation, potential dollar weakness and financial instability -GFMS. [ID:nWLA1721] * The rally prompted short-term players to cover short gold positions -traders. * A decline in equity markets added to gold's boost as a safe haven play -traders. * U.S. stocks tumbled on worries over what is expected to be another bleak corporate earnings period. [.N] * Gold market analysts sense a tug of war between investors raising risk appetite and selling gold and others who remain gloomy and buy dips. * Dollar gains versus euro on safe-haven buying of the U.S. currency that spilled over to gold - traders. * Technical charts show next support at $850 and next upside breakout targets at $900 and $925 an ounce - analysts. * COMEX estimated final gold volume at 60,460 lots. * Open interest dropped 8,308 to 343,276 lots on April 6. * Spot gold climbed to $883.30/884.50 an ounce by 3:06 p.m. EDT (1906 GMT) from $868.25/869.85 in late Monday trade in New York. * London afternoon fix was up at $879.75. SILVER * COMEX May silver SIK9 gained with gold and other industrial metals. * May futures advanced 10.0 cents, or 0.83 percent, to finish at $12.21 an ounce. * Trading band spanned $12.02, a level last seen on March 18, to $12.3050 an ounce. * Analysts said they see no silver-specific factor driving prices, which generally move in tandem with gold. * COMEX estimated final silver volume at 11,459 lots. * Open interest fell by 21 lots to 93,903 on Monday. * Spot silver picked up to $12.25/12.31 an ounce by 2:56 p.m. EST (1856 GMT) from $12.10/12.18 by late Monday. * Silver fix was dropped in London to $12.17. PLATINUM * NYMEX July platinum PLN9 ended $22.40 cents higher at $1,175.0 an ounce. * Spot platinum was up at $1,161.0/1,171.0 an ounce from $1,140.0/1,150.0 an ounce late Monday. * Platinum was seen to be gaining as automobile industry prospects seem a little better and diesel based cars and trucks expected near year end require catalytic converters - analyst, RBC Capital Markets. PALLADIUM * June palladium PAM9 edged up $0.25 to end at $226.0 an ounce. * Spot palladium was quoted higher at $223.00/228.00 by 2:50 p.m. EDT (1850 GMT) than $221.50/226.50 an ounce in late Monday trade.

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