UPDATE 4-Gold rises on weaker dollar, firmer oil

* Gold climbs on weaker dollar

* Platinum, palladium off 6-month lows

* Market waits for U.S. data

(Recasts, changes dateline, pvs SINGAPORE)

By Raissa Kasolowsky

LONDON, July 25 (Reuters) - Gold rose on Friday as the dollar weakened and oil prices pared losses, while platinum and palladium firmed from 6-month lows on bargain hunting.

Spot gold XAU= was up at $931.00/932.00 an ounce at 1000 GMT from $923.00/924.00 late in New York on Thursday.

"The gold market is reacting to the fact that oil is in consolidation-recovery mode and the dollar is no longer strengthening," David Holmes, Dresdner Kleinwort's director of precious metals sales, said.

"We've had a significant correction off our highs and people are now tip-toeing back into the market."