NEW YORK, May 10 (Reuters) - U.S. gold futures dropped 1 percent on Monday as safe-haven buying decreased after a $1 trillion global emergency rescue package eased contagion fears.

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

GOLD

* COMEX June GCM0 down $10.60 at $1,199.80 an ounce at 10:43 a.m. EDT (1443 GMT). * Ranged between $1,184.40 and $1,207 * Short-covering of euro, rush of funds into euro-zone government securities weighed down on gold prices - Brian Hicks, portfolio manager of US Global's Global Resources Fund. * European Union agreed an emergency loan package that with IMF support could reach 750 billion euros ($1,000 billion). * The ECB will buy euro-zone government and private debt and abandoning resistance to full-scale bond purchases to contain Greece's debt crisis [ID:nLDE64900T] * Gold holding up well in spite of rallies of the euro and global equity markets - traders. * Investment demand was strong. The world's largest gold-backed exchange-traded fund, SPDR Gold Trust (GLD), said its holdings rose nearly 3 tonnes to a record. [GOL/SPDR] * Comex estimated 10 a.m. volume at a busy pace totaled 135,983 lots. * Spot gold XAU= at $1,199.75, versus $1,207.75 late in New York's previous session. * London afternoon gold fix XAUFIX= at $1,196.50.

SILVER

* COMEX July silver SIN0 up 9.9 cents at $18.550 an ounce, as the metal rallied on the coattails industrial metals on a global equities rebound. * Ranged $18.215 to $18.680. * Comex estimated 10 a.m. volume at 23,586 lots. * Spot silver XAG= at $18.50 versus $18.30 late in prior session. * London silver fix XAGFIX= at $18.46.

PLATINUM

* July PLN0 up $29.10, or 1.8 percent, at $1,694.90 an ounce as hopes about economic recovery boosts demand outlook for autocatalyst. * Spot platinum XPT= at $1,686.50.

PALLADIUM

* June PAM0 up $12.30, or 2.4 percent, at $522.50 an ounce, taking the lead from platinum. * Spot palladium XPD= at $519.50.

Prices at 10:41 a.m. EDT (1441 GMT)

Last Change Pct 2009 YTD Chg Close % Chg US gold GCM0 1200.10 -10.30 -0.9 1096.20 9.5 US silver SIN0 18.560 0.109 0.6 16.845 10.2 US platinum PLN0 1696.60 30.80 1.9 1471 15.3 US palladium PAM0 522.30 12.10 2.4 408.85 27.7 Gold XAU= 1199.75 -8.00 -0.7 1096.35 9.4 Silver XAG= 18.53 0.23 1.3 16.84 10.0 Platinum XPT= 1688.00 31.50 1.9 1465.50 15.2 Palladium XPD= 519.50 9.50 1.9 405.50 28.1 Gold Fix XAUFIX= 1196.50 8.25 0.7 1104 8.4 Silver Fix XAGFIX= 18.46 76.00 4.3 16.99 8.7 Platinum Fix XPTFIX= 1694.00 2.00 0.1 1466 15.6 Palladium Fix XPDFIX= 528.00 3.00 0.6 402 31.3 (Reporting by Frank Tang; Editing by John Picinich)

U.S. Gold