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SINGAPORE, Sept 22 (Reuters) Gold rose on Friday as the U.S. dollar weakened and crude oil prices rebounded on short covering after falling to a six-month low around $59 a barrel earlier this week.

-- Spot gold gained to $585.90/586.90 an ounce from $582.30/583.30 late in New York on Thursday, when it rose more than $2 an ounce.

-- Benchmark gold futures on the Tokyo Commodity Exchange rose 21 yen per gram to 2,213 yen to track gains in New York's COMEX market.

-- The dollar hovered near two-week lows against the euro and the yen after data showed more signs of a slowdown in the U.S. economy, keeping expectations high that interest rates will stay on hold.

-- The dollar was at 116.25 yen , around a two-week low after tumbling 0.9 percent on Thursday. The euro was near a two-week high at $1.2795 after rising 0.8 percent a day earlier.

-- Frontmonth U.S. crude for November delivery briefly touched $62.00 a barrel and was trading up 32 cents at $61.91 a barrel on the Globex electronic trading platform.

-- Silver rose to $11.19/11.26 an ounce from $11.05/11.12 an ounce in New York.

-- Platinum rose to $1,140/1,145 an ounce from $1,135/1,140 an ounce.

-- Palladium gained to $307/312 an ounce from $305/310 late in New York.

Precious Metals Prices by 0054 GMT* Metal Last Net change Pct Move Gold 586.60 2.80 +0.48 Platinum 1140.00 5.00 +0.44 Palladium 307.00 2.00 +0.66 Silver 11.20 0.15 +1.36 Change so far in 2006 Metal Latest bid End prev year Pct Move Gold 586.60 517.20 +13.42 Platinum 1140.00 968.00 +17.77 Palladium 307.00 254.00 +20.87 Silver 11.20 8.81 +27.13 * The closing prices used to calculate the net change may differ from New York's last quoted prices.

Reuters DKS VP0702