* US dollar slips from four-month peak * US Supreme Court raises doubts over legality of Trump's tariffs * Traders see 67% chance of US interest rate cut in December (/Updates for AMERS morning session) By Noel John and Pablo Sinha Nov 6 (Reuters) - Gold prices edged up on Thursday, buoyed by a weaker dollar and a resurgence of safe-haven demand on concerns over a prolonged U.S. government shutdown and uncertainty over the legality of tariffs. Spot gold was up 0.1% at $3,984.48 per ounce by 11:07 a.m. ET (1607 GMT). U.S. gold futures for December delivery was steady at $3,992.10 per ounce. The dollar <.DXY> fell 0.4% after hitting a four-month high in the previous session, making gold cheaper for other currency holders. Benchmark U.S. 10-year Treasury yields were down 1.6%. With the U.S. government shutdown and skepticism from U.S. Supreme Court justices on the legality of U.S. President Donald Trump's sweeping tariffs, "we're seeing a revival of the haven bid," said Peter Grant, vice president and senior metals strategist at Zaner Metals. "(Gold) is on track for a fairly decent close to the year ... I’d say a year-end target in the $4,300 to $4,400/oz range seems reasonable." Gold is considered a hedge during times of uncertainty. The non-yielding asset also benefits in low-interest rate environments. The U.S. Federal Reserve cut interest rates for the second time last week, with markets anticipating a 69% chance of another cut in December. A slew of Fed officials scheduled to speak later in the day may offer clues on the monetary policy outlook. U.S. private employers added 42,000 jobs in October, above Reuters' forecast of a 28,000 gain, the ADP report showed on Wednesday. "It would surprise us were gold to stay rangebound around $4,000/oz as speculative capital exits, with central bank buying remaining the primary positive tailwind going forward," SP Angel said in a note. Elsewhere, spot silver fell 0.3% to $47.94 per ounce, platinum was down 2.3% at $1,526.55, and palladium fell 2.8% to $1,379.44. (Reporting by Noel John and Pablo Sinha in Bengaluru, additional reporting by Kavya Balaraman; Editing by Sahal Muhammed and Tasim Zahid) ((mailto:Noel.John@thomsonreuters.com;)) Keywords: GLOBAL PRECIOUS/ (UPDATE 8)
