Gold up nearly 2 pct on oil,eyes impact of GSE steps

                                
 TOKYO, Sept 8 (Reuters) - Gold jumped nearly 2 percent on
Monday on a rally in oil prices and growing uncertainty over the
outlook for the dollar as Washington seized control of two U.S.
mortgage companies, prompting short-covering.
                                
 -- Spot gold <XAU=> rose as high as $816.35 per ounce, up 1.9
percent from $801.10/813.10 in late New York on Friday. As of
0057 GMT, it was trading at $814.20/815.20.
                                
 -- Doubts about the dollar's trend and the U.S. financial
system grew following Washington's emergency move on Sunday to
seize control of troubled mortgage giants Fannie Mae <FNM.N> and
Freddie Mac <FRE.N>. [ID:nN07463067]
                                
 -- Crude oil gained more than $2 to top $108 a barrel on
Monday on worries that Hurricane Ike could threaten Gulf of
Mexico production and oil and gas facilities. [O/R]
                                
 -- Tokyo gold futures jumped more than 4 percent and COMEX
gold futures climbed 2 percent. The most active COMEX December
contract <GCZ8> was trading up 2 percent at $818.8 from the New
York settlement on Friday.
                                
 -- The benchmark August 2009 contract on the Tokyo Commodity
Exchange <0#JAU:> rose 4.5 yen per gram to 2,855 yen per gram.
                                
 -- Platinum <XPT=> jumped to $1,380.50/1,400.50 an ounce from
$1,353.00/1373.00 in New York.
                                
 -- Palladium <XPD=> was trading at $274/280 an ounce, up from
$267.00/275.00.
                                
 -- Silver <XAG=> rose to $12.62/12.70 an ounce from
$12.19/12.27 late in New York.
  Precious metals prices at 0035 GMT
 Metal             Last    Change  Pct chg  YTD pct chg  Turnover
 Spot Gold         815.10   12.30   +1.53     -2.11
 Spot Silver        12.62    0.40   +3.27    -14.56
 Spot Platinum    1380.50   19.50   +1.43     -9.18
 Spot Palladium    274.00    6.50   +2.43    -25.54
 TOCOM Gold       2859.00  128.00   +4.69     -6.57         9943
 TOCOM Platinum   4779.00  167.00   +3.62    -10.49         4295
 TOCOM Silver      444.60   11.80   +2.73    -17.82          293
 TOCOM Palladium   983.00   35.00   +3.69    -27.24          198
 Euro/Dollar       1.4361
 Dollar/Yen        108.44
 TOCOM prices in yen per gram, except for silver which is in yen
per 10 grams, spot prices in $ per ounce.
 (Reporting by Chikafumi Hodo; Editing by Hugh Lawson)