GLOBAL MARKETS-Weak dollar spurs gold to fresh high, shares slip

* Gold hits fresh record as dollar hovers near 15-month low

* Shares pull back as light profit taking emerges

* Aussie dollar surges to 15-mth high on strong jobs data

By Susan Fenton

HONG KONG, Nov 12 (Reuters) - Gold rose above $1,120 an ounce to a fresh record high on Thursday as the U.S. dollar wavered near 15-month lows, while Asian shares lost ground as investors took profits after four days of gains.

Financial spreadbetters expected British .FTSE and French shares .FCHI to follow Asian markets lower but saw a higher opening for Germany's DAX share index .GDAXI. U.S. equity futures SPc1 slipped 0.4 percent.

The dollar .DXY fell to a 15-month low in early trade before recouping some losses, but was still down 0.2 percent against a basket of major currencies by midafternoon.

Its weakness encouraged a further shift by investors into gold XAU=, which hit a record high for a second day, rising around 0.4 percent to $1,120.30 an ounce, while platinum XPT= rose to a record high above $1,376 an ounce.

Bullion has recorded successive record highs for six out of the past eight sessions due to persistent dollar weakness, fears of a resurgence in inflation and hopes for more central bank gold buying.